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الوطن
Omani Sukuk Series 12 Issued
The Omani Company for Sovereign Sukuk has announced the issuance of its twelfth series of domestic sovereign sukuk, valued at 100 million Omani riyals, with an option to increase by up to 50 million riyals. The issuance will have a term of 7 years and an annual return of 4.85%. Subscription opens today and will close on October 25, with the sukuk issuance scheduled for October 29. The returns will be paid quarterly until maturity on October 29, 2033. Subscription opportunities are available to investors both inside and outside Oman through competitive and non-competitive channels, with the sukuk complying with Islamic Shariah principles and being tradable on the Muscat Stock Exchange.
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