BHD 125 Million Government Islamic Ijarah Sukuk Listed on the Bahrain Bourse

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On the 23rd of July 2020, Bahrain Bourse announced the listing of the Government Islamic Ijarah Sukuk worth BHD 125 million.

The Ijarah Sukuk marks the 26th issuance by the Central Bank of Bahrain made on behalf of the Government of Bahrain. As of the date of the announcement on the Bahrain Bourse, the Sukuk will trade under the symbol of GILS26.SUK.

The Ijarah Sukuk, which was listed at a par value of BHD 1 each on the 19th of July 2020 will mature in six years on the 19th of July 2026.

The Ijarah Sukuk carries a profit rate of 4.5% per annum, with these returns being paid in two instalments on the 19th of January and the 19th of July every y...