Meethaq receives CMA approval for listing of Sukuk

Meethaq Islamic Banking receives CMA approval for exercise of the Greenshoe Option, Allocation and listing of Meethaq Sukuk Series 1

Meethaq Islamic Banking has received Capital Market Authority (CMA) approval to exercise a Greenshoe Option to increase the Original Offer Size of Meethaq Sukuk Series 1 from OMR 25,000,000 to OMR 44,608,300, which is the total amount of the subscription received. We have also received CMA approval for the allocation and listing of Meethaq Sukuk Series 1. All successful applicants will receive 100% allocation of their Sukuk in their investor accounts with MCD.