Latest news with #SukukAl-Ijara
Biz Bahrain
05-03-2025
- Business
- Biz Bahrain
CBB Sukuk Al-Ijara oversubscribed by 427%
The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing (Ijara) Sukuk, has been oversubscribed by 427%. Subscriptions worth BD 111.085 million were received for the BD 26 million issue, which carries a maturity of 182 days. The expected return on the issue, which begins on 6th March 2025 and matures on 4th September 2025, is 5.35% compared to 5.40% of the previous issue on 30th January 2025. The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain. This is issue No.235 (BH0001X411J7) of the short-term Sukuk Al-Ijara series.
Bahrain News Gazette
29-01-2025
- Business
- Bahrain News Gazette
CBB Sukuk Al-Ijara Oversubscribed by 563%
Manama: The Central Bank of Bahrain (CBB) has announced that the monthly issue of its short-term Islamic leasing (Ijara) Sukuk has been oversubscribed by 563%. This significant level of interest resulted in subscriptions amounting to BD 146.496 million for an issue valued at BD 26 million. The Sukuk carries a maturity period of 182 days. According to Bahrain News Agency, the expected return on the current issue, which commenced on January 30 and is set to mature on July 31, stands at 5.40%. This marks a slight decrease from the 5.62% return offered for the previous issue dated January 2. The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain. This issuance is identified as No.234 (BH0001Q45ZL1) in the short-term Sukuk Al-Ijara series, reflecting sustained investor confidence and interest in Bahrain's financial instruments.
