Business

CBB Ijara Murabaha Sukuk Oversubscribed by 255%

Manama: The Central Bank of Bahrain (CBB) has announced that its latest monthly issue of the six-month short-term Ijara Murabaha Sukuk has been oversubscribed by 255%.

According to Bahrain News Agency, the total subscriptions received amounted to BD…

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CBB Treasury Bills Oversubscribed by 196 Percent

Manama: This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 196 percent. The bills, carrying a maturity of 91 days, are issued by the Central Bank of Bahrain (CBB) on behalf of the Government of the Kingdom of Bahra…

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Gold Prices Surge as Spot Gold Rises by 0.7%

Manama: Gold prices rose on Friday, with spot gold up by 0.7% to $4,051.97 an ounce as of 1128 GMT. U.S. gold futures for August delivery saw an increase of 0.5%, reaching $4,067.50 per ounce.

According to Bahrain News Agency, other precious metals a…

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CBB Ijara Murabaha Sukuk Oversubscribed by 154%

Manama: The Central Bank of Bahrain (CBB) announced that the monthly issue of the short-term Islamic Ijara Murabaha Sukuk has been oversubscribed by 154%. Subscriptions totaling BD 46.303 million were received for the BD 30 million issue, which carrie…

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