PRESSR: ASB Capital strengthens capital markets focus with joint lead manager role on KFH USD 850mln AT1 Sukuk

About this update from Kuwait Finance House K.s.c.

Dubai, UAE: ASB Capital, a purpose driven asset and wealth management firm overseeing USD 6 billion in assets, has been appointed as Joint Lead Manager for Kuwait Finance House’s USD 850 million Additional Tier 1 Sukuk issuance, working alongside other regional and global financial institutions. The mandate comes at a time when regional issuers continue to utilize Sukuk as a preferred tool for diversifying funding sources and engaging with an expanding investor base. Since its establishment in 2024, ASB Capital has been broadening its footprint across the region’s financial markets, supporting clients through origination, structuring, and advisory roles across a wide mix of sectors. The firm has taken part in several significant transactions, including Sukuk issuances and other capital raising transactions for leading financial institutions, as well as advisory mandates related to strategic sell-side transactions and cross-sector growth opportunities. This latest mandate builds on ASB Capital’s strong track record in regional capital markets. Over the past year, the firm has played pivotal roles in landmark transactions, including serving as Joint Lead Manager for Alinma Bank’s USD 500 million Tier 2 Sukuk, KIB’s USD 300mn Sukuk, Bapco Energies’ USD 1 billion Sukuk, and advising on Al Salam Bank’s USD 450 million Additional Tier 1 (AT1) issuance. These achievements underscore ASB Capital’s growing influence in structuring innovative instruments and delivering strategic funding solutions for leading institutions. Rafik Nayed, Managing Director of ASB Capital, commented: “We continue to see healthy growth in the Sukuk market, supported by solid demand and issuers who are taking a forward-looking approach to long-term funding. The KFH mandate builds on the momentum we are observing and reinforces the importance of well-structured instruments in supporting sustainable financing strategies. As ASB Capital continues to deepen its involvement across the region, this transaction reaffirms our position as an active and impactful participant in capital markets.” About ASB Capital Limited ASB Capital is a purpose-driven asset management firm dedicated to providing bespoke wealth solutions for High-Net-Worth Individuals (HNWIs), family offices, corporations, and institutional clients. With a foundation rooted in Al Salam Bank’s legacy, ASB Capital offers a range of services across public and private markets, investment banking, and placement services. Licensed by the Dubai Financial Services Authority (DFSA), the firm is committed to delivering performance-driven financial solutions that drive sustainable growth and create long-term value. For media inquiries, please contact: [email protected] Send us your press releases to [email protected] Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release. The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk. To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.

View stock analysis, news, and events for Kuwait Finance House K.s.c.