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CMA nods to Warba Bank’s $500m sukuk prospectus

CMA nods to Warba Bank’s $500m sukuk prospectus
The Central Bank of Kuwait (CBK) approved the sukuk issue in July 2019
WARBABANK
WARBABANK
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Mubasher: Kuwait’s Capital Markets Authority (CMA) has approved Warba Bank’s prospectus of the new sukuk issue at a value not exceeding $500 million on Monday, 9 September 2019, the bank disclosed to Boursa Kuwait on Wednesday.

Earlier in September, Warba Bank announced the approval of Kuwait’s CMA to issue Sukuk not exceeding $500 million, while the Central Bank of Kuwait’s (CBK) approval was granted in July 2019.