Kuwait, 25 May 2026: Kuwait International Bank (KIB) Group, through its investment arm KIB Invest, announced its participation as Joint Lead Manager in the successful issuance of a USD 1 billion Sukuk by the Islamic Development Bank (IsDB), one of the world’s highest-rated multilateral development institutions. This landmark issuance is considered a significant transaction in the international Islamic capital markets, as it was issued by IsDB, which holds the highest credit ratings of Aaa by Moody’s, AAA by S&P, and AAA by Fitch, all with stable outlooks. KIB Group’s participation in the strategically important transactio
Business INSIGHTS
Kuwait, 25 May 2026: Kuwait International Bank (KIB) Group, through its investment arm KIB Invest, announced its participation as Joint Lead Manager in the successful issuance of a USD 1 billion Sukuk by the Islamic Development Bank (IsDB), one of the world’s highest-rated multilateral development institutions. This landmark issuance is considered a significant transaction in the international Islamic capital markets, as it was issued by IsDB, which holds the highest credit ratings of Aaa by Moody’s, AAA by S&P, and AAA by Fitch, all with stable outlooks. KIB Group’s participation in the strategically important transactio