MUSCAT – Bank Muscat successfully managed series 10 of the Sovereign Sukuk Issuance launched by the Oman Sovereign Sukuk Company, with a total value of OMR 200 million. The Sukuk carries a seven-year maturity until 2032 and offers an annual profit rate of 4.15 percent.
The Ministry of Finance in collaboration with other local financial institutions has appointed Bank Muscat as the issue manager and collecting bank for the subscription. This mandate reinforces the bank’s leadership in executing major investment transactions within the Sultanate and across GCC capital markets, Bank Muscat Spokesperson said.
The subscription window for Sukuk issuance which opened from December 17 -22, 2025, was priced within a competitive yield range, with an average yield of 4.11 percent, a minimum yield of 4.07 percent and a maximum yield of 4.15 percent, reflecting strong investor confidence and market stability, the spokesperson further said, adding that the Sukuk payouts will be made twice annually – June 25 and December 25 each year until maturity on December 25 2032, the spokesperson added.
The issuance witnessed participation from different categories of investors, retail as well as institutional. The Sukuk is structured in accordance with Sharia-compliant principles and is fully tradable on the Muscat Stock Exchange at prevailing market prices.
Commenting on the occasion, Khalifa bin Abdullah Al Hatmi, Deputy General Manager, Investment Banking and Capital Markets at Bank Muscat, expressed pride in collaborating with the team at Oman Sovereign Sukuk Company and the Ministry of Finance, for this successful issuance.
He noted: “The Bank’s appointment as the issue manager for the Sukuk issuance is a testament to Ministry of Finance’s trust in Bank Muscat’s capabilities and leadership in managing major investment transactions for a range of corporate and institutional clients. The Bank, represented through its Investment Banking and Capital Markets division, has extensive experience in structuring and executing large-scale capital market deals, both on debt as well as equity side, and its specialized team is well-equipped to navigate evolving market dynamics and complexities.
Bank Muscat is committed to supporting the growth of local financial markets by offering a comprehensive suite of banking and financial solutions tailored to institutional and retail customers alike.
The selection of Bank Muscat as the issue manager underscores its strong local, regional, and international reputation among individuals, corporates, and financial institutions. Demonstrating its role as a key player in advancing the Sultanate’s financial landscape, the Bank continues to build on its market-leading position by delivering innovative financing and advisory solutions. These include corporate and project finance, debt restructuring, public offerings, equity-linked instruments, private placements, and mergers and acquisitions, the spokesperson added.
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