Kuwait Finance House (KFH) has strengthened its leadership in the primary and secondary markets for the International Islamic Liquidity Management (IILM) Sukuk Program. KFH secured the top position as both a Primary and Secondary Dealer, outperforming a peer group of several local, regional, and international banks.

The ranking of the Primary Market is based on the total amount allocated at primary level FY 2025, namely a total of 69 Sukuk issued for a cumulative amount of USD 22.91 billion.

The ranking of the Secondary market is based on the total trading volume of USD 3.80 billion on series active in 2025.

KFH Chief Treasury Officer Kuwait, Ahmad Eissa Al-Sumait said: “KFH is a pioneering leader in the primary and secondary Sukuk markets. As at the end of 2025, the programme reached an all-time high outstanding volume of USD 6.4 billion of IILM Sukuk in the market. This milestone reaffirms KFH’s leading position as a primary dealer in the IILM short-term Sukuk program since its inception."

Al-Sumait emphasized KFH’s ongoing commitment to enhancing its role, maintaining its market leadership, and achieving the highest standards of professionalism and efficiency, thereby driving the growth and advancement of the Sukuk market both locally and globally.

He added: "Global economic challenges, characterized by a trend toward lower yields in fixed-income markets and declining interest rates, are exerting pressure on investors. Nevertheless, indicators point to sustained activity in both the volume and frequency of issuances in the Primary market, alongside robust trading in the Secondary market. This environment presents attractive opportunities, attracts new segments of market dealers, and bolsters confidence in Sukuk as a financing instrument that offers diversified investment options."

Meanwhile, the International Islamic Liquidity Management (IILM) commended KFH’s strong performance in the Sukuk Market and its high efficiency in expanding its distribution network, which has significantly enhanced the recognition of IILM Sukuk as a leading Shariah-compliant liquidity management solution. The IILM also praised KFH’s active role in Secondary market-making, improving market liquidity, and reinforcing investor confidence in the IILM program.

The IILM also pointed out that KFH topping the Primary and Secondary market lists confirms its market leadership, pivotal role, and strong commitment to supporting the continued development and success of the IILM program.