Dhaka, Jan 11, 2026 (BSS): Bangladesh Bank (BB) has announced the issuance of the “Bangladesh Government Special Sukuk-1” with a total face value of Tk 10,000 crore, marking a significant step toward financing government infrastructure through Shariah-compliant instruments. The Sukuk aims to mobilize Islamic financing to support large-scale public infrastructure and housing projects in line with national development priorities.
The decision was finalized during two consecutive meetings held on January 7 and 8, 2026, by the Shariah Advisory Committee under the Debt Management Department of Bangladesh Bank. The meetings were chaired by BB Deputy Governor Dr. Md. Kabir Ahmed, highlighting the central bank’s active role in strengthening Islamic financial initiatives.
According to an official press release issued by Bangladesh Bank, the Sukuk will have a 10-year maturity period and will offer an annual profit rate of 9.75 percent. The investment will be structured under a leasing-based model, ensuring full compliance with Shariah principles.
The funds raised through the Sukuk will be backed by specific government assets, including seven housing projects for government employees developed by the Public Works Department, as well as designated rail services operated by Bangladesh Railway. These assets will serve as the underlying support for the Islamic bond.
The issuance is scheduled to take place on January 14, 2026, through a private placement in favour of Islami Bank PLC. This strategic issuance is expected to facilitate efficient fund mobilization while adhering to Islamic banking standards.
The launch of the Special Sukuk-1 reflects the government’s commitment to diversifying its financing tools by leveraging Islamic finance to support critical public utility and housing developments, contributing to long-term infrastructure growth and economic stability.