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Muscat city

Oman’s ninth sovereign Sukuk draws strong demand worth over RO 260 million

Oman's latest sovereign sukuk issuance has garnered strong investor confidence, with subscription applications for the ninth local issue exceeding RO 260 million, according to a statement from Oman Sovereign Sukuk Company.

Muscat city

TAS News Service

info@thearabianstories.com

Tuesday, June 3, 2025

Muscat: The Oman sovereign Sukuk Company confirmed that the total value of subscription applications for its ninth issue has surpassed RO 260 million, reflecting robust demand in the market. The average acceptable return stood at 4.62 percent, with the range spanning from a minimum of 4.57 percent to a maximum of 4.64 percent.

The sukuk will be officially issued on Wednesday, June 4, 2025. Investors will receive semi-annual profit payments on December 4 and June 4 each year until the maturity date on June 4, 2032.

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