Muscat: Oman Sovereign Sukuk Company, acting on behalf of the Government of the Sultanate of Oman, has announced the launch of its 11th local sovereign Sukuk issuance with a value of OMR100 million. The offering includes an option to increase the issue size by up to OMR20 million based on market demand. The Sukuk carries a five-year maturity period and offers an annual profit rate of 4.2 percent.
The subscription period opens on Thursday and will continue until 10 June 2026, while the settlement and issuance date has been set for 15 June 2026. Investors will receive profit payments twice a year, on 15 June and 15 December, until the Sukuk reaches maturity on 15 June 2031.
The investment opportunity is available to individuals, institutions, and investors of various nationalities both within Oman and abroad. The Sukuk will be issued through a competitive bidding process, with applications accepted through the Islamic banking windows of participating collecting banks during the subscription period.
Interested investors can access subscription prospectuses and application forms through the Ministry of Finance and the designated collecting banks. Before applying, investors must obtain an investor number through the Muscat Clearing and Depository Company (MCDC) website or the Oman Shares mobile application at least one day prior to submitting their subscription request.
The Sukuk is fully Sharia-compliant and can be traded on the Muscat Stock Exchange at prevailing market prices. Information regarding allocated Sukuk units will be recorded in a dedicated register maintained and managed by MCDC.
Oman Sovereign Sukuk Company has also advised investors to ensure that the bank account number provided in their subscription application matches the account registered with MCDC. This will help facilitate smooth processing of profit distributions and repayment of the principal amount upon maturity.
The latest issuance reflects Oman’s continued efforts to strengthen its Islamic finance market and provide investors with secure, Sharia-compliant investment opportunities while supporting the government’s funding requirements.