KIB Sukuk LTD, founded in Kuwait, is a prominent issuer of Sharia-compliant investment products aimed at providing opportunities for retail investors. The company specializes in issuing sukuk (Islamic bonds) which cater to both local and regional market demands.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| KIBKK 2.38% 2030-11-30 USDKIB Sukuk LTD | Cayman Islands | 2030-11-30 | 2.375 | 5.80 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, KIB Sukuk LTD has significantly contributed to the Islamic financial market, launching its first sukuk issuance in 2017. Noteworthy was their 2021 issuance of a $500 million sukuk, which marked a milestone in enhancing liquidity and funding for expansion projects. Currently, KIB Sukuk's bonds offer competitive yields relative to the industry, reflecting the robust demand for Sharia-compliant investments. The sukuk also feature attractive returns linked to tangible assets, making them a preferred choice among socially responsible investors.