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الوطن
Oman Energy’s 50m Sukuk Offer
Oman Energy Company announced the offering of Sharia-compliant sukuk with an initial value of OMR 50 million, with the option to increase the issuance by a further OMR 25 million. The sukuk’s cash flows are backed by the company’s assets in the Sultanate. They have a five-year term and a fixed annual return of 5%, payable quarterly. Subscriptions for the first tranche will run from 4 to 12 November 2026, and for the second tranche from 18 to 30 November. The sukuk are scheduled to be listed on the Muscat Stock Exchange on 10 December 2026, or around that date.
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