SIB Sukuk Company III Ltd, established in Bahrain, is a prominent issuer of sukuk, focusing on providing Sharia-compliant investment opportunities to retail and institutional investors. The company operates under the umbrella of the Bahrain-based bank, SIB, and aims to facilitate financing through innovative sukuk structures.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SIB 2.85% 2025-06-18 USDSIB Sukuk Company III Ltd | Cayman Islands | 2025-06-18 | 2.850 | 2.70 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception in 2018, SIB Sukuk Company III Ltd has gained recognition for its significant bond issuances, including a notable sukuk valued at $100 million launched in 2019, aimed at funding sustainable projects. As of 2023, the company offers competitive yields, positioning its sukuk favorably within the market, with a current yield of 4.2%, which is on par with industry standards. The issuer's sukuk are characterized by features such as asset-backed structures and profit-sharing arrangements, reflecting their commitment to ethical investing practices.