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KIB acts as joint lead manager for AUB's USD 600m T1 Sukuk issuance
Kuwait International Bank has announced that it recently acted as a Joint Lead Manager in the USD600 million perpetual non-call Tier 1 (T1) Sukuk issuance for Ahli United Bank (AUB), alongside several regional and international banks and financial institutions. The mudaraba-based unconvertible Sukuk were issued at a fixed profit rate…
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Source: Kuwait International Bank