Boursa Kuwait will start listing bonds and sukuk (sharia-compliant bonds) after receiving clearance from the country’s market regulator.
The Capital Markets Authority (CMA) recently introduced a new regulatory and legislative framework for bonds and sukuk.
Boursa Kuwait is now ready to receive listing applications and operate the bonds and sukuk trading platform, CEO Mohammad Saud Al-Osaimi said in a statement.
The instruments will be listed once they meet the required regulatory conditions, he said.
The launch comes despite…