From Tradearabia.com: Bahrain is finalising a $500 million Islamic bond, said Central Bank of Bahrain Governer Rasheed Al Maraj. The sukuk, would consist of a $250 million refinancing for an existing sukuk that matures in June, and a new $250 million issue, a source said.

The $500 million sukuk would be issued by the end of May…..Full Article: Source