Kuwait Finance House prepares benchmark dollar sukuk offering via KFH

Chicago, Jan. 10 – Kuwait Finance House is offering a dollar-denominated benchmark sukuk offering, according to a notice.

The listed issuer will be KFH Sukuk Co.

HSBC Bank plc, Abu Dhabi Commercial Bank, Al Rajhi Capital, Bank ABC, Boubyan Bank, Dubai Islamic Bank PJSC, FAB, KFH Capital, SMBC Nikko, Standard Chartered Bank and Islamic Corp. for the Development of the Private Sector are working as bookrunners on the deal.

Based in Kuwait, Kuwait Finance House is the first bank operating in accordance with Islamic Sharia rulings. The bank is listed on the Kuwait Stock Exchange.

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