Greenberg Traurig Plays Key Role in Kuwait Finance House's $1 Billion Sukuk Issuance

Greenberg Traurig's Role in KFH's Sukuk Issuance

In a significant milestone for the financial landscape, Greenberg Traurig, a prominent global law firm, has recently represented the Joint Lead Managers in the issuance of Kuwait Finance House's (KFH) Sukuk, amounting to a remarkable $1 billion. This strategic move further cements KFH's position as a leader in the Islamic finance sector.

Details of the Sukuk Issuance

The Sukuk certificates, designed with a five-year tenure and set to mature in 2031, were issued under KFH Sukuk Company’s $4 billion Trust Certificate Issuance Programme. What sets this issuance apart is the strong investor demand, which saw the order book exceed twice the targeted amount. This reflects the ongoing appetite for quality Shariah-compliant financial instruments worldwide.

These senior unsecured obligations are structured under Regulation S and are officially listed on the London Stock Exchange's International Securities Market. The transaction is particularly noteworthy as it marks the third issuance of $1 billion Sukuk under KFH's current programme, following successful issuances in 2024 and 2025.

Market Implications

The latest Sukuk issuance not only showcases KFH's robust standing in the international capital markets but also highlights the depth and liquidity of the Sukuk market. The successful placement is indicative of the higher demand for Shariah-compliant investments, a segment that has been gaining traction among global investors.

Alex Roussos, Capital Markets Shareholder at Greenberg Traurig, led the team in this high-profile transaction, indicating a strong market sentiment towards Sukuk instruments. In his statement, Roussos emphasized the importance of diligent relationship management in accessing international capital pools effectively. This issuance serves as a testament to KFH's commitment to fostering strong ties with its investor base.

Greenberg Traurig's Growth in the Middle East

Since expanding into the Middle East in 2023 with offices in Riyadh and Dubai, Greenberg Traurig has rapidly established itself in the region. The firm has continued to grow, recently opening an office in Abu Dhabi in 2025. Greenberg Traurig's diversified expertise spans several key industries, including real estate, energy, finance, and mergers and acquisitions, making it a formidable player in the regional legal landscape.

About Kuwait Finance House

Kuwait Finance House holds the distinction of being the first Islamic bank, established in 1977. With decades of experience, KFH has emerged as a leading Islamic financial institution, showcasing innovation and commitment to Shariah-compliant banking concepts. This latest Sukuk issuance not only strengthens its market position but also enhances its reputation as a pioneering force in the global Islamic banking realm.

Conclusion

The collaboration between Greenberg Traurig and Kuwait Finance House in this Sukuk issuance illustrates the synergy between legal expertise and innovative financial structuring. As the global demand for Shariah-compliant instruments grows, such successful transactions will likely pave the way for more robust Islamic finance solutions, contributing positively to the global financial ecosystem.