IslamicFinance.de

Kuwait Finance House Research Limited (KFHR) has written a report on the Islamic Sukuk market and the fact that in month of April it has been the lowest year to date.
The inaugural sukuk was structured as an Ijarah transaction with a maturity of seven years. The sukuk was subscribed for by a number of leading Islamic and commercial banks including Capital Bank, Cairo Amman Bank, Islamic International Arab Bank, Union Bank, Jordan Kuwait Bank, Bank of Jordan, and Arab Islamic Bank.

Capital Investments – the investment banking arm of Capital Bank - succeeded the first issuance of Islamic Sukuk in Jordan for the benefit of Al-Rajhi Cement – Jordan.
It was signed by a number of leading Islamic and commercial banks, including Capital Bank, Cairo Amman Bank, Islamic International Arab Bank, Union Bank, Jordan Kuwait Bank, Bank of Jordan, and Arab Islamic Bank.