Subscription Commencement in 2nd Issue of Islamic Ijara Murabaha Sukuk through Bahrain Bourse

22/08/2025 03:42 AST

Bahrain Bourse (BHB) announced that as of Sunday, August 24, and according to the invitation announced by the Central Bank of Bahrain (CBB), Bahraini and Non-Bahraini investors can directly subscribe through the primary market of BHB in the Islamic Ijara Murabaha Sukuk Issue 2 (BHD 200 million) that has been issued by the CBB on behalf of the Government of Bahrain by executing their orders through registered brokers at Bahrain Bourse. Thereafter, investors will be able to trade the Sukuk on the secondary market at BHB once listed, which is expected to be on September 14.

Bahrain Bourse specified that the subscription period through the registered brokers is effective on Sunday, August 24 until Tuesday, August 26. The subscription will be open on Sunday and Monday from 9:30 am until 1:00 pm and on Tuesday from 9:30 am until 11:00 am. The minimum subscription size is 500 Sukuk per subscriber.

The BHD 200 million Sukuk issued at a par value of BHD 1 each, on August 28 for a period of 4 years maturing on August 28, 2029. The annual fixed return on these securities is 5.75%, and will be paid bi-annually on February 28 and August 28 every year throughout the period of this issue.

The Central Bank of Bahrain issued the Islamic Ijara Murabaha Sukuk on behalf of the Government of Bahrain. The Government of Bahrain directly guarantees the Sukuk securities.

BNA