Islamic Finance

Central Bank of Bahrain sukuk al-salam securities oversubscribed by 355%


Published 15 Dec,2020 via bizbahrain - The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 355%.

Subscriptions worth BD 152.458 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 16th December 2020 and matures on 17th March 2021, is 2.22% equivalent to the previous issue on 18th November 2020.

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