BARWA BANK IS JOINT LEAD MANAGER FOR IFFIM SUKUK
Barwa Bank has been appointed by the International Finance Facility for Immunisation Company (IFFIm) as Joint Lead Manager and book runner for a benchmark medium term sukuk issue.
IFFIm is backed by nine countries including the United Kingdom and France. The company issues bonds, and now sukuk, designed to upfront future donor pledges into cash-in-hand today to finance its immunisation efforts. proceeds of the sukuk will be used to provide free vaccines and related health system strengthening support to many of the world's poorest nations.