Warba Reinforces Its Global Presence in Islamic Capital Markets

Waha Bank announced that its Debt Capital Markets (DCM) division achieved a significant milestone by entering the list of the top 20 Islamic Sukuk underwriters in Bloomberg’s Islamic Capital Markets League Tables for the first half of 2026. This step reflects the bank’s growing stature in Islamic capital markets and its ability to compete with major regional and global financial institutions.

This achievement underscores Waha Bank’s success in continuing to expand its presence in the Sukuk sector by providing Sharia-compliant financing solutions and executing efficient, professional issuance operations that meet the needs of governments, institutions, and corporations, thereby strengthening the bank’s position as a key contributor to the development of Islamic capital markets.

Strong Presence in Leading Global Sukuk Rankings

Regarding this achievement, CEO Shaheen Hamad Al-Ghanim stated: “Waha Bank has secured prominent positions in several leading international rankings issued by Bloomberg, with the following results:

- 19th globally in the Global Sukuk ranking.

- 13th globally in the International Sukuk ranking.

- 12th globally in the US Dollar International Sukuk ranking.

- 16th globally in the GCC Sukuk ranking.

These results reflect the growing role played by Waha Bank’s DCM division and its ability to execute and manage Sukuk transactions with added value, adhering to the highest professional standards and global practices.

Fruit of a Specialized Strategy and Forward-Looking Vision

He added: “This achievement is a continuation of Waha Bank’s strategy to enhance its presence in the investment banking and Islamic capital markets sectors by developing specialized human resources, expanding its network of relationships with investors and financial institutions, and offering innovative solutions that meet the requirements of local, regional, and international markets. It also reflects the bank’s ability to keep pace with the rapid developments in the Islamic finance industry and capitalize on opportunities available in the Sukuk markets, thereby supporting the diversification of funding sources for clients and contributing to the activation of the Islamic debt instruments market.”

Growing Status in Islamic Finance

The inclusion of Waha Bank in Bloomberg’s tables of top institutions operating in Islamic capital markets confirms the bank’s success in consolidating its reputation as a financial institution possessing the technical expertise and operational capabilities to efficiently manage and complete Sukuk issuances. This enhances the confidence of clients, investors, and strategic partners.

This ranking also embodies the bank’s commitment to providing innovative financial solutions that comply with Sharia principles, while maintaining the highest levels of quality, governance, and risk management, in line with its vision to be the preferred financial partner in Islamic finance.

Continuing to Build on Achievements

Waha Bank emphasized that this ranking represents a new milestone in its success journey and serves as an incentive to continue strengthening its presence in Islamic capital markets and expanding its participation in Sukuk issuances locally, regionally, and internationally. This further consolidates its position as a leading Islamic banking institution that contributes to the development of the Islamic finance industry, supports sustainable economic growth, and creates long-term value for all stakeholders.