Oman Drafts New Regulation to Issue Green, Blue and Social bonds Consolidating Previous Regulations

Oman’s Capital Market Authority (CMA) has introduced a new draft regulation for Bonds and Sukuk, that constitutes new requirements for Sustainable and Responsible Investment (SRI) bonds and Sukuk, which are meant for the issuance of sustainable, green, blue and social debt instruments. The draft regulation for Bonds and Sukuk augments and consolidates the previous Sukuk and bonds regulations that were separately issued by the CMA.

Why it Matters?

This new draft regulation supports Oman’s plans to open the country to accelerated investments, especially in renewable and alternative energy based projects, such as green hydrogen schemes. Further, the new requirements for SRI Bonds and Sukuk seek to promote capital market fundraising for sustai...