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Kuwait's Warba Bank raises $250m sukuk on Nasdaq Dubai

Kuwait Islamic corporate and retail bank, known as Warba Bank, has listed a $250 million Tier-1 sukuk on Nasdaq Dubai. This is the bank’s third sukuk on the exchange, with their total listings amounting to $898 million in value, The National News reported. The most recent listing was 4.4 times oversubscribed by investors. “This further strengthens ties between the capital ....

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