The two issuances witnessed strong investor demand and were significantly oversubscribed despite the ongoing geopolitical tensions and volatility across regional and global markets. This reflects the strength of the issuing institutions, investor confidence in the quality of these issuances, and Kamco Invest’s deep relationships with local and regional investors.
Kamco Invest led the KWD200mn Additional Tier 1 Mudaraba Sukuk issuance for KFH, which was issued on Wednesday, May 20, 2026. The transaction marked the first and largest issuance of its kind in Kuwaiti Dinar within the local banking sector. Demand exceeded the target issuance size by more than KWD275mn, while the Sukuk was priced with an annual return of 5.5%.
Kamco Invest also led the USD400mn perpetual Additional Tier 1 capital securities issuance for Oman Arab Bank, which was priced on Wednesday, May 20, 2026. The issuance attracted demand exceeding USD1bn, highlighting strong regional and international appetite for the offering and confidence in the bank’s financial position and the Omani banking sector.
The successful outcomes further highlight Kamco Invest’s growing role in contributing to the debt capital markets landscape in Kuwait and the region through the execution of pioneering and innovative transactions for financial institutions, corporates, and governments. These transactions also add to the market’s depth and provision of diversified financing solutions that support economic growth.
In 2025, Kamco Invest successfully led and managed 14 debt capital market transactions with an aggregate value of USD7.0bn. These included 13 bond and Sukuk issuances totaling USD6.7bn for financial institutions and corporates across Kuwait, Saudi Arabia, the UAE, and Qatar, in addition to a USD304mn liquidity management transaction for a Kuwaiti company.
Commenting on the transaction, Abdullah M. AlSharekh, Managing Director of Markets and Investment Banking at Kamco Invest, said, “The strong success of these two transactions reflects the strength of Kamco Invest’s debt capital markets platform and our ability to execute high-quality transactions across varying market conditions, even amid the current geopolitical challenges and volatility affecting investor sentiment regionally and globally.”
He added, “Both issuances witnessed strong investor demand and oversubscription levels, reflecting investor confidence in the issuing institutions and the quality of the issuance structures, in addition to the continued attractiveness of fixed income and Sukuk instruments in the region. We are proud to continue our role as a trusted partner to leading financial institutions by delivering innovative financing solutions that support growth plans and enhance funding diversification.”
Meanwhile, Executive Director of Capital Markets, Omar Zaineddine, said, “We continue to strengthen our presence across regional debt capital markets, supported by a strong track record in managing and executing both conventional and Shariah-compliant issuances, as well as our ability to access a broad and diversified investor base across local, regional, and international markets. As debt markets in the region continue to evolve, we remain focused on capturing new opportunities and contributing to the advancement and efficiency of the financial ecosystem in Kuwait and the wider region.”
AlSharekh concluded by extending his appreciation to the issuers, Kuwait Finance House and Oman Arab Bank, for their trust. He also expressed his gratitude to all parties that contributed to the successful execution of both issuances, particularly the joint lead managers, for their instrumental role in completing the transactions successfully.
It is worth noting that Kamco Invest recently received the “Best Investment Bank for Financial Services/Banking in the Middle East 2026” award from Global Finance in recognition of its outstanding performance across debt and equity capital markets, mergers & acquisitions, and its growing role in developing capital markets in Kuwait and the region.