QNB Capital wins three IFN Deal of the Year awards

QNB Capital, the investment banking subsidiary of QNB Group, has been honored with three Islamic Finance News (IFN) Deal of the Year 2025 awards. The recognition highlights the firm's involvement in two significant sukuk transactions in Qatar and Kuwait. QNB Capital was named the IFN Qatar Deal of the Year 2025 and the IFN Kuwait Deal of the Year 2025 for its role as a joint lead manager in the State of Qatar's $3 billion sukuk issuance and Kuwait International Bank's $300 million Tier II sustainable sukuk, respectively.

This achievement comes as global sukuk issuance reached $264.8 billion in 2025, up 12.7% from the previous year, and Islamic finance assets surged by 21% year-on-year to $5.98 trillion in 2024. The State of Qatar transaction marked the nation's return to the international sukuk market after a 13-year hiatus, attracting over $12 billion in global investor interest.

QNB Capital's Chief Executive Officer, Mira Al-Attiyah, emphasized the recognition of the complexity of these landmark deals and the firm's confidence among both sovereign and financial institution clients. The Kuwait transaction also marked the country's first Tier II sustainable sukuk, with the issuance exceeding $2 billion in order book demand.

The funds will be allocated to sustainable projects under Kuwait International Bank's Sustainable Finance Framework, bolstering the bank's regulatory capital position and diversifying its funding sources.