Oman Announces 10th Issuance of
Local Sovereign Sukuk

Muscat, 17 Dec 2025 (ONA) — The Oman
Sovereign Sukuk Company, acting on behalf of the Government of the Sultanate of
Oman through the Ministry of Finance, has announced the launch of the 10th
issuance of Local Sovereign Sukuk.

The offering
is valued at RO 150 million, with a Greenshoe option to increase the issuance
size not more than RO 50 million. This Sukuk will have a 7-year maturity period
and offers an annual profit rate of 4.15%.

The
subscription period commenced today, and will conclude on Monday, 22 December
2025. The Sukuk are expected to be issued on Thursday, 25 December 2025 (the
“Issuance Date”). Profit payments will be made semi-annually on 25 June
and 25 December until the maturity date of 25 December 2032.

The offering is open to subscription
by all individual and institutional investors, both Omani and international.

The Sukuk will be issued through a
competitive subscription method. Investors are required to submit their bids
during the subscription period through Bank Muscat and its Islamic window
(Meethaq), Ahli Bank and its Islamic window (Ahli Islamic), Bank Dhofar and its
Islamic window (Dhofar Islamic), Oman National Bank and its Islamic window
(Muzn Islamic), Oman Arab Bank, Bank Nizwa and Sohar International Bank.

The subscription prospectus and
application forms are available on the website of the Ministry of Finance and
the websites of the collecting banks.

Prospective subscribers are required
to obtain an investor number from the Muscat Clearing and Depository Company
(MCDC) website or the ‘Oman Stocks’ mobile application at least one business
day prior to submitting their application at a collecting bank.

The Sukuk are Sharia-compliant and
will be listed for secondary market trading on the Muscat Stock Exchange (MSX)
at prevailing market prices. The ownership records and details for all Sukuk
will be maintained in the official Sukuk register administered by MCDC.

The
Oman Sovereign Sukuk Company underscores the
importance for investors to ensure that the bank account number provided in the
subscription application matches the account registered with MCDC. This measure
is critical for ensuring the efficient processing of subscriptions and the
timely disbursement of profit payments and principal upon maturity.

— Ends/Khalid