Islamic Finance
Regulation, Risk & Compliance
Uncategorized
Kuwait International Bank sells $300 million sukuk: Document
Kuwait International Bank sold $300 million Tier 2 sukuk, or Islamic bonds, on Tuesday at 2.375% and received more than $2.4 billion in orders for the Islamic bonds, a document showed. It had given initial price guidance of around 2.75% earlier on Thursday for the 10-year sukuk that are non-callable…
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Click here to read the full story: The Economic Times