IslamicFinance.de

It seems that Kuwait's role in the fast-growing global market for sukuks could become larger, if lawmakers expand and administer a more robust legal framework to regulate the issuance of sharia-compliant debt.
However, during this time, Kuwait-based Gulf Investment Corporation (GIC) and Kuveyt Turk participation bank have raised funds in the last months by selling sukuks.

Gulf Investment Corporation (GIC) has gathered 750 million Malaysian ringgit (255 million US dollars) by selling five-year Islamic bonds at 4.90 percent.
The Sukuk, which is part of a 3.5 billion ringgit funding program set up earlier, will be launched on Wednesday to about a dozen investors.
This statement came from a source familiar with the deal, who prefers to remain unidentified as the deal has not been made yet.