Bashar Jallad

Barwa Bank eyes full-fledged sukuk platform by end-2013

Barwa Bank expects its sukuk trading platform to become full-fledged by the year-end. Moreover, it sees the market as very competitive and lucrative with a great potential, according to chief investment officer Bashar Jallad. He said Barwa Bank was active in both the primary and secondary sukuk markets and started to act as a custodian for some of the clients. Barwa Bank’s sukuk trading platform is already functional but has not reached the optimum level, Jallad added. A focus area for the bank is relationship management.

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