KFH rings the bell for Boursa Kuwait’s first sukuk listing, KD 200m issue with 5.5% annual profit rate

Kuwait Finance House (KFH) rang the bell to mark the listing and commencement of trading of the first sukuk on Boursa Kuwait. The KD 200 million Additional Tier 1 (AT1) issuance carries an annual profit rate of 5.5 percent. The landmark listing broadens investors’ options and deepens the local capital market by establishing a market for trading sukuk, a key Sharia-compliant fixed-income instrument.