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Al-Markazi approves Warba bond issuance
The Central Bank of Kuwait has approved Boubyan Bank's issuance of perpetual sukuk within the first tier of capital, valued at up to 100 million Kuwaiti dinars, following its final approval on October 5, 2026, after the Capital Markets Authority approved the prospectuses. The bank had previously obtained an initial approval in August 2026 to issue sukuk worth 500 million U.S. dollars within the same tier. In the first half of 2026, Boubyan Bank recorded profits of 24.18 million Kuwaiti dinars, representing an increase of 18.9% compared to the same period of the previous year.
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