Kuwait-Mubasher: Kuwait Finance House (KFH) participated as a main trader in issuing short-term sukuk offered by International Islamic Liquidity Management Corporation (IILM) for $1.85 billion, according to a report issued by KFH.

The Liquidity management offered three installments worth $490 million, $500 million, and $860 million since July, 2015, said Kuwait Treasury General Manager at KFH Abdulwahab Essa Al-Rushood.

Al-Rushood noted that the three-time issuance in the secondary market exceeds the 50% limit set for issuance.