Warba Bank Closes KD 80 Million Perpetual Sukuk Issue

Warba Bank completes the closing and settlement of a perpetual Additional Tier 1 capital sukuk issue worth KD 80 million on 27 October 2026, under a Mudarabah structure with a 5.50% profit rate and a first reset date of 27 October 2031. The sukuk are unlisted, and the bank expects a positive impact on its financial position and regulatory ratios.