Beit Capital Wins 6 Prestigious Awards from IFN Global

Baitak Capital, the investment arm of Kuwait Finance House (KFH), won six awards from the global Islamic Finance News (IFN) group through its renowned publication, Islamic Finance News. The awards recognize several sukuk transactions structured and successfully executed by the company on both regional and global levels during 2025, involving investors from banks and financial and investment institutions on behalf of companies and governments, with a total value of approximately $6 billion. This recognition honors the company’s efforts and its leading global role, as well as its distinguished performance in the sukuk sector, establishing it as the first and preferred destination for investors in this important, growing, and increasingly significant field, which has become one of the best financing products in global financial markets.

The awards were accepted on behalf of Baitak Capital by Mohammed Al-Hajeri, Head of Investment Banking Services at Baitak Capital, and Khaled Al-Shami, First Deputy Head of Capital Markets at the company, during a formal ceremony held in Dubai, attended by a select group of leaders from the financial and investment sectors.

The IFN Awards are a series of prestigious accolades organized by Islamic Finance News to honor leading financial institutions and banks in the global Islamic finance sector. The awards include categories for the best Islamic banks, high-performing investment funds, asset managers, and the most prominent Sharia-compliant structured transactions. Categories include Deal Awards, Survey Awards, and Investor Awards.

This accolade reflects Baitak Capital’s advanced standing and its pioneering role in providing comprehensive and innovative investment solutions, which have made the company the most capable of offering high-value, high-quality investment opportunities tailored to the specificities of the markets it operates in. It further underscores the company’s continued success, particularly in structuring and issuing sukuk, which have become a globally recognized product in international markets.

The six awards relate to the most prominent sukuk issuances structured by the company on a regional and global scale for governments, companies, and banks, as follows:

- Oman Deal of the Year 2025: Sultanate of Oman Sukuk worth $1 billion USD.

- Permanent Sukuk Deal of the Year 2025: Vakif Katilim Bank Sukuk worth $500 million USD.

- Qatar Deal of the Year 2025: State of Qatar Sukuk worth $3 billion USD.

- Kuwait Deal of the Year 2025: International Bank of Kuwait Tier II Sukuk worth $300 million USD.

- Murabaha Deal of the Year 2025: Kuwait Finance House Additional Tier 1 (AT1) Sukuk worth $850 million USD.

- Regulatory Deal of the Year 2025: International Bank of Kuwait Tier II Sukuk worth $300 million USD.

During 2025, the company successfully participated in leading and structuring sukuk issuances with a total value exceeding $29 billion USD. It also maintained its position among the top ten global sukuk arrangers, reflecting its leadership and expertise in international markets and confirming KFH Group’s distinction in managing and structuring sukuk issuances.

On the local and regional level in 2025, Baitak Capital structured issuances for several banks, including Boubyan Bank and the International Bank of Kuwait, and two issuances for Kuwait Finance House. Additionally, it handled numerous regional issuances, such as those for Ajman Bank, Al Mashreq Bank, Qatar Islamic Bank, Dubai Islamic Bank, Turkish Vakif Katilim Bank, and collaborated with the Islamic Development Bank on two issuances for the bank. The company also served as joint lead manager and underwriter for several companies, including a guaranteed issuance by the Government of Saudi Arabia for the Saudi Real Estate Refinancing Company, sukuk for Dar Al Arkan Real Estate – Abu Dhabi, and the first-ever corporate sukuk issuance in Turkey for Turkish Telecom. In the oil sector, Baitak Capital contributed to structuring issuances for major companies, including Saudi Aramco, Abu Dhabi National Oil Company (ADNOC), and Bahrain Petroleum Company (BAPCO).

Baitak Capital will continue its efforts to provide financing solutions for companies and governments through Islamic financial products, as well as investment services for individual clients, aiming to achieve the best returns. The company places great emphasis on applying quality standards and effective resource management, leveraging human capabilities to achieve balanced, integrated performance. It focuses on exploiting the advantages of each market and product to enhance capacity, mitigate risks, and achieve superior financial indicators, supported by professional performance that ensures competitive strength.

In addition to debt instruments and sukuk structuring and issuance services, Baitak Capital offers a range of investment banking services, including equity offerings, merger and acquisition advisory, capital markets products and services, asset management, financial advisory, portfolio management, real estate investments, investment funds, trading, and brokerage services, among other investment products. The company benefits from a team of top investment experts, ensuring distinguished, professional performance that provides competitive strength.

It is worth noting that the IFN Group selected Baitak Capital for these awards based on recommendations from special committees composed of experts and specialized analysts worldwide in the Islamic banking sector. The evaluation was conducted based on a set of criteria and financial indicators identifying the best Islamic institutions and deals during 2025.

The IFN Group manages the Islamic Finance and Banking Awards and publishes the most important Islamic banking news globally through its magazine, which was founded in 2004 and has offices in Dubai and Kuala Lumpur.