KFH transactions in sukuk market total $11bn in FY18

Mubasher: Kuwait Finance House (KFH) has registered $10.68 billion worth trading activity in the sukuk market during fiscal year 2018, general manager of treasury at KFH AbdulWahab Al Roshood said, according to a recent statement.

This volume amount has endorsed KFH’s position in the secondary market of sukuk to become a main trader and market maker regionally and internationally, the official noted.

The treasury sector is considered the core hub of the bank to boost liquidity and provide enough cash flow to finance KFH’s assets, Al Roshood said.

KFH has topped the list of main traders in the International Islamic Liquidity Management’s (IILM) programme among eleven banks and financial institutions on both the regional and international levels, the treasury general manager added. 

Mubasher Contribution Time: 11-Feb-2019 10:56 (GMT)
Mubasher Last Update Time: 11-Feb-2019 10:56 (GMT)