DUBAI, UAE, Sept. 17, 2026 /PRNewswire/ — A team from global law firm Greenberg Traurig acted for the international and regional joint lead managers on Kuwait International Bank’s (KIB) US$500 million Trust Certificates sukuk issuance due in 2031.
KIB’s debut senior sukuk issuance, issued as part of its ongoing funding strategy, was significantly oversubscribed and was listed in London. The issuance was a drawdown under KIB’s US$1.5 billion sukuk programme that Greenberg Traurig also advised on in September 2025 and follows a Tier 2 sukuk issuance by KIB in October 2025.
KIB is an Islamic bank located in Kuwait City, founded in 1973, and originally known as the Kuwait Real Estate Bank. KIB offers Islamic banking and finance services for individuals and corporate customers. It is a specialised bank regulated by the Central Bank of Kuwait and listed on the Kuwait Stock Exchange since July 1, 2007.
The team from Greenberg Traurig’s Dubai office was led by Capital Markets Shareholder Alex Roussos, Senior Associate Sana Siddiqui, and Paralegal Oshin Maheshwari.
“We are delighted to have been part of the bank’s inaugural senior unsecured sukuk issuance. The successful pricing is testament to the bank’s and joint lead managers’ perseverance and commitment to see this deal through in markets that are not the easiest to navigate at the moment. Great to see this vote of confidence in our region from the international investment community,” Roussos said.
Greenberg Traurig launched in the Middle East in 2023 with offices in Riyadh, Saudi Arabia, and Dubai, adding an office in Abu Dhabi in 2025. The firm has established itself in the industries and business sectors most active in the Middle East, including real estate; infrastructure and transportation; energy and natural resources; hospitality; finance and restructuring; mergers and acquisitions; private equity; private credit; sports and entertainment, including venue, talent, entertainment, and licensing; capital markets; and arbitrations and disputes.
Greenberg Traurig’s Abu Dhabi office is a branch of Greenberg Traurig, P.A. Greenberg Traurig’s Dubai office is operated by Greenberg Traurig Limited. Greenberg Traurig’s Riyadh office is operated by Greenberg Traurig through Greenberg Traurig Khalid Al-Thebity.
About Greenberg Traurig: Greenberg Traurig, LLP has approximately 3,200 lawyers across 51 locations in the United States, Europe, the Middle East, Latin America, and Asia. The firm’s broad geographic and practice range enables the delivery of innovative and strategic legal services across borders and industries. Recognized as a 2025 BTI “Best of the Best Recommended Law Firm” by general counsel for trust and relationship management, Greenberg Traurig is consistently ranked among the top firms on the Am Law Global 100, NLJ 500, and Law360 400. Greenberg Traurig is also known for its philanthropic giving, culture, innovation, and pro bono work. Web: www.gtlaw.com.
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SOURCE Greenberg Traurig, LLP
