Boubyan Bank lists sukuk in Nasdaq, Ireland’s exchange

Kuwait-Mubasher: Boubyan Bank has listed $250 million sukuk on the Irish Stock Exchange and Nasdaq Dubai, according to a statement issued Sunday.

The sukuk listing aims to boost Boubyan’s capital baseline in accordance with Basel III-compliant tiers.

Boubyan stock reached 400 fils, after an hour and a half from starting Sunday’s session, as around 39,700 shares were traded at a value of nearly KWD 15,900.

 

Mubasher Contribution Time: 22-May-2016 08:46 (GMT)
Mubasher Last Update Time: 01-Jun-2016 12:53 (GMT)