Bond EDO Sukuk Inc. 5.662% ( XS2852997993 ) in USD

Issuer	EDO Sukuk Inc.
Market price	103.8 % ▼
Country	Oman
ISIN code	XS2852997993 ( in USD )
Interest rate	5.662% per year ( payment 2 times a year)
Maturity	02/07/2031
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	250 000 USD
Total amount	750 000 000 USD
Next Coupon	03/07/2026 ( In 105 days )
Detailed description	EDO Sukuk Ltd. is a special purpose vehicle (SPV) established to issue and manage Sukuk, Islamic bonds, often used to finance infrastructure projects or other large-scale ventures compliant with Sharia principles. An in-depth examination of the financial instrument identified by ISIN XS2852997993 reveals a significant Sukuk issuance by EDO Sukuk Ltd, originating from Oman. EDO Sukuk Ltd functions as the special purpose vehicle (SPV) established specifically for the purpose of issuing this Sharia-compliant bond, representing an ownership interest in a pool of assets or a specific project, aligning with Islamic finance principles. This particular Sukuk offers an annual profit rate of 5.662%, with distributions made semi-annually to investors. The total size of this issuance amounts to a substantial $750,000,000, denominated in U.S. Dollars, underscoring its scale and international accessibility. With a current market price of 100.93% of its par value, the bond is trading at a premium, reflecting ongoing investor interest and market valuation. The maturity date for this instrument is set for July 2nd, 2031, providing a defined horizon for capital return. A minimum investment size of $250,000 indicates that this Sukuk is primarily aimed at institutional investors or high-net-worth individuals seeking exposure to a robust, Sharia-compliant fixed-income opportunity within the global market.