INSEAD Day 4 - 728x90

Business

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Central Bank of Bahrain Sukuk Al Ijara oversubscribed by 186 percent

Central Bank of Bahrain.
By TRENDS Desk
April 3, 2024 1:55 pm
  • As per reports, subscriptions worth $128.67 million were received for the $69.14 million issue, which carries maturity of 182 days
  • The expected return on the issue, which begins on April 4 and matures on October 3, is 5.90%, equivalent to the previous issue

Manama, Bahrain–The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al Ijara, has been oversubscribed by 186%.

Subscriptions worth $128.67 million were received for the $69.14 million issue, which carries maturity of 182 days.

The expected return on the issue, which begins on April 4 and matures on October 3, is 5.90%, equivalent to the previous issue on March 7.

The Sukuk Al Ijara is issued by the CBB on behalf of the Government of the Kingdom of Bahrain.

This is issue No.224 (BH00019E0921) of the short-term Sukuk Al Ijara series.

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INSEAD Day 4- 300x600
INSEAD Day 4- 300x600
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