Oman plans to issue a total of about 200 million rials ($520 million) of conventional bonds and sukuk in line with its budget financing needs, central bank chief Hamood Sangour al-Zadjali said on Wednesday.
He did not specify the timing or other details, beyond saying that the sukuk, denominated in rials, were likely to be issued towards the end of 2013 or at the start of next year. It would be Oman’s first sovereign sukuk issue, as the country is now launching an Islamic finance industry…………………………………….Full Article: Source