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Warba Bank denies sukuk issue news

Warba Bank denies sukuk issue news
The bank is still in the pre-issuance process (Photo Credit: Arabianeye-Reuters)
WARBABANK
WARBABANK
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Kuwait – Mubasher: Warba Bank has denied the news published regarding the completion of launching sukuk worth $250 million.

The bank is still in the pre-issuance process as well as obtaining regulatory entities’ approvals, Warba Bank said on Tuesday in a reply to Kuwait Stock Exchange’s question.