Back

London Stock Exchange celebrates Warba Bank Sustainable Sukuk Issuance

Warba Bank is a pioneering Islamic financial institution in Kuwait, dedicated to delivering innovative Sharia-compliant banking solutions. Today, we proudly mark a significant milestone by listing our US$ 500 million Sustainable Sukuk on the London Stock Exchange. This issuance, rated A by Fitch with a Second Party Opinion (SPO) from sustainable Fitch, demonstrates our unwavering commitment to sustainability and financial resilience.

The overwhelming demand for our Sukuk, with investor orders surpassing US$ 1.8 billion, highlights the strong confidence in Warba Bank's creditworthiness and strategic direction. The funds raised will be allocated to financing or refinancing projects in line with Warba Bank Sustainable Finance Framework, focusing on renewable energy, sustainable water management, and community development projects that support environmental, social, and governance (ESG) criteria.

Quote from Senior Management:
Abdullah Allanqawi, Chief Treasury Officer of Warba Bank, commented: "This Sustainable Sukuk issuance is a strategic step in enhancing our financial framework. It aligns with our commitment to sustainability and reinforces our position as a leader in responsible banking practices. This issuance not only broadens our investor base but also sets a benchmark for future financial instruments in the region."

Advisors and Participants:
We are grateful for the support of our advisors and partners, including HSBC, Standard Chartered Bank (SCB), Clifford Chance, ENBD, and Maples, whose expertise was crucial in the successful completion of this issuance.

Preparing to go public? Get our Guide to the IPO process.

Get a step-by-step overview of the IPO process, from the decision to go public, choosing the right venue,
timings and finally completing your IPO. Discover the benefits of being a public company and why choosing
London Stock Exchange will give you access to the deepest pool of international capital in the world.

Download Guide
Looking for new and recent issues?

Looking to find out more about accessing finance?

If you'd like to find out more about accessing finance, please contact us via the form and a member of our team will be in touch.

Contact us

More recent

CIPR Corporate and Financial Group to celebrate its 50th Anniversary

The London Stock Exchange was pleased to welcome the Chartered Institute of Public Relations (CIPR) Corporate and Financial Group (CFG) to mark 50 years of leadership in corporate and financial communications.

Founded in 1975 at the historic Ye Olde Cheshire Cheese pub on Fleet Street, the CIPR CFG began as a small, yet ambitious g

Learn more
London Stock Exchange today welcomes Tech Nordic Advocates

London Stock Exchange today welcomes Tech Nordic Advocates, Northern Europe’s largest tech/startup ecosystem, in today’s ceremony in conjunction with our joint event.


"Shape the Future - Scaling Diverse Nordic Tech Companies Internationally" took place on 11 June 2025 during London Tech Week with the objective of convening diverse Nordic Tech Compani

Learn more
London Stock Exchange welcomes Concordia to mark 15 years of convening global leaders

The London Stock Exchange today welcomes Concordia, a nonprofit, nonpartisan organization dedicated to fostering public-private partnerships, as it celebrates two major milestones: the organization’s 15th anniversary and the first time hosting its Europe Summit in London, taking place from June 8–10, 2025.

Founded in 2011, Concordia has become a premier platform for cross-sector colla

Learn more
The London Stock Exchange Welcomes MoonShotX to Celebrate Its Groundbreaking Initiative for Scaling Central and Eastern European Mid-Corporates

The London Stock Exchange today welcomes MoonShotX, an initiative led by InnovX and Raiffeisen Bank, to mark the launch of a transformative capital markets acceleration program for mid-corporates in Central and Eastern Europe (CEE). This initiative is designed to prepare high-growth companies for international expansion, inv

Learn more