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Hedge Funds & Alternative Investments Uncategorized

Kuwait's Boubyan Bank lists USD 250 mln sukuk on Nasdaq Dubai

June 3, 2016

By News Team

 Kuwait ­based Boubyan Bank has listed its first sukuk issuance, valued at USD 250 million, on Nasdaq Dubai. Boubyan Vice­Chairman and CEO Adel Al­Majed on Wednesday rang the market­opening bell to celebrate the listing. Today's issuance, that was more than five times oversubscribed, is the first sukuk out of Kuwait…

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Source: Boubyan Bank

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