15 Hrs
Source:
مباشر
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Omnivest Sukuk Approved
Oman’s Financial Services Authority has approved the allocation and issuance of OMR 100 million in mudaraba sukuk for OmInvest through its subsidiary. The offering comprised a base issue of OMR 80 million and an OMR 20 million upsizing option, which was exercised in full following strong investor demand. The sukuk are subordinated, perpetual and unsecured, with an initial annual profit rate of 6.5%, distributed quarterly. They are slated for listing on the Bonds and Sukuk Market of the Muscat Stock Exchange.
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