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Warba Bank announced that it will redeem its additional Tier 1 capital sukuk, valued at $250 million, on the first call date of November 29, 2026. The sukuk were issued on November 29, 2021. The bank said the redemption would have a positive impact on its financial position and regulatory ratios. Its profits rose 18.9% in the first half of 2026 to KWD 24.18 million.
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