Kuwait Finance House Bahrain Introduces Shariah-Compliant Securitisation Programme

Kuwait Finance House-Bahrain (KFH-Bahrain) issued a statement regarding the launch of an Islamic securitisation programme, whereby government-owned entities and financial institutions can issue a Series of Mudarabah Sukuk, under a trust structure.

The statement explained that a series of Mudarabah Sukuk will be issued against a select pool of financing portfolio under the securitisation programme, allowing the Sukuk holders to become the ultimate beneficiaries of the financing portfolio.

The programme has been designed to be used for non-KFH-Bahrain financing portfolios, with KFH-Bahrain acting as an arranger. This channel provides a platform for government entities or financial in...