Following the listing of the BD 200 million Government Islamic Leasing Sukuk, the number of conventional bonds and sukuk listed on the bourse reached 13 issues with an approximate total value of $4.69 billion.
Director of Bahrain Bourse Fouad A.Rahman Rashid issued a directive paving the way for listing of BD200 million Government Islamic Leasing Sukuk as of 26th April 2011. The sukuk were issued by the Central Bank of Bahrain on behalf of the Government of the Kingdom of Bahrain.
The face value of the sukuk is BD10,000 and that will mature in five years, starting from 7 April 2011 until 7 April 2016. The sukuk pays an annual fixed interest rate of 5.5% payable every six months on 7th October and 7th April during the issuance period. The minimum amount of investment in the sukuk is BD10 thousand or multiples thereof.