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HomeWorldKuwait's company launches USD 100 million campaign to issue Islamic banknotes

Kuwait’s company launches USD 100 million campaign to issue Islamic banknotes

 Kuwait’s Liquidity Management House for investmentsLiquidity Management House for investmentsLiquidity Management House for Investment Company launched in Saudi Arabia Sunday a USD 100 million campaign to issue Islamic banknotes (sukuks).
The company’s Managing Director and Board Chairman Imad Al-Munai told KUNA that the company would supervise the campaign, revealing that the Bahraini Branch of Kuwait Finance House Kuwait Finance House Kuwait Finance House (DIBDIB) were partners in the campaign.

The official had high hopes for the success of the campaign, affirming that the current global economic situation made Islamic banknotes very attractive for investors.

Liquidity Management House for Investment K.S.C.C (Liquidity HouseLiquidity HouseLiquidity Management House for Investment Company ) is an investment company wholly owned by Kuwait Finance HouseKuwait Finance HouseKuwait Finance House .

Head quartered in the State of Kuwait, Liquidity HouseLiquidity HouseLiquidity Management House for Investment Company was established in December 2007 and commenced its operations in September 2008. The company was launched with a paid up capital of KD 100 Million (approx USD 360 million).

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