Al Ahlia Gulf Holding Company, the wholly owned subsidiary of Al Ahlia Investments Company, has approved $100 million Lagoon City Sukuk issue. The company has mandated Kuwait Finance House, Liquidity Management Centre and Muthanna Investment Company to jointly arrange for the $100m Islamic Musharaka Sukuk issue in support of the Lagoon City residential and commercial real estates development, as part of the Kheiran Pearl City project. The project sets a ...