Bangladesh's Beximco to issue Tk 30b sukuk to expand business
Published 03 Mar,2021 via The Financial Express - The board of directors of Beximco Ltd has decided to issue the first-ever private sector asset-backed Islamic Shariah compliant Sukuk Al Istisna for Tk 30 billion.
This will be the largest ever issuance of securities in the private sector of Bangladesh.
The issuance of Sukuk is subject to the approval of Bangladesh Securities and Exchange Commission (BSEC), the company said in a filing with the Dhaka Stock Exchange (DSE) on Wednesday.
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The Financial Express