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English news

13-Mar-2017

Golden group plans OMR200mn sukuk programme

Omani business group – Golden Group – plans to tap the market with a OMR200mn sukuk, or Islamic bond programme, said Sheikh Abdullah bin Salim Al Salmi, executive president of the Capital Market Authority (CMA). The Golden Group, which has interests in diverse sectors, including construction, real estate, hotels, furniture, travel and tourism and logistics, has submitted the issue prospectus with the market regulator. Also, the company has hired Maisarah Islamic Banking Service (the Islamic window of Bank Dhofar) to coordinate the transaction. 

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