Islamic Finance

Bahrain central bank sukuk al-salam securities oversubscribed by 407%


Published 17 Aug,2021 via bizbahrain - The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 407%.

Subscriptions worth BD 175.217 million were received for the BD 43 million issue, which carries a maturity of 91 days.

The expected return on the issue, which begins on 18th August 2021 and matures on 17th November 2021, is 1.50% compared to 1.45% of the previous issue on 14th July 2021.

Continue reading

Free, in under 30 seconds

Join thousands of professionals reading Salaam Gateway — the Global Islamic Economy Gateway.

Joined by 12,000+ Islamic economy professionals
  • 5 free articles every month
  • Weekly Islamic-economy newsletter
  • Save articles to read later

tags:

Sukuk
Author Profile Image
BizBahrain