Al Baraka Bank Sukuk 2025

Al Baraka Bank Sukuk 2025

Proceeds from Albaraka Sukuk Ltd. will be allocated into two portions in which fifty one percent (51%) of the proceeds will be used to purchase the Initial Asset Portfolio from Albaraka pursuant to the Initial Asset Portfolio Sale and Purchase Agreement; and forty nine percent (49%) will be used to purchase Commodities from the Supplier, which will be subsequently sold to Albaraka pursuant to the Initial Murabaha Contract entered into pursuant to the Murabaha Agreement.



CLICK HERE TO READ MORE