Warba Bank Closes and Settles Sukuk Issuance Worth 80 Million Dinars
Qiyas summary
The bank disclosed the issuance of sukuk by Warba Company valued at 80 million dinars.
Translated by Qiyas from الجريدة — Original source
The bank stated in a disclosure to the Kuwait Stock Exchange that the source is Warka Term 1 Sukuk (4) Issuance, with Warka Bank as the obligor, a Murabaha sukuk structure, and a perpetual maturity date (subject to any early redemption).
