Oman
Draft Sukuk Regulation Presented By Capital Market Authority For Public Consultation

Muscat: In keeping with their approach of community partnership, the Capital Market Authority (CMA), shared the Draft Sukuk (Sharia Law compliant financial bonds) and Bonds Regulation on their website and invited inputs and comments from all public joint-stock companies, audit firms, law firms, investors, academicians, interested persons, and the general public.
The draft regulation came as a response to the rapid legislative developments in the capital market since the issuance of the Commercial Companies Law in 2019 and the Regulation for Public Joint Stock Companies early this year. These laws and regulations were designed to enhance the readiness of the legislating regime to cope with the global economic developments and changes, further to standardisation of the rules of Sukuk and bonds markets, in order to improve the efficiency of such debt instruments towards the betterment of the national economy. This will also contribute to the creation of an appropriate credit environment to finance the development projects of the government and the private sector.
The draft regulation aims to regulate the issuance of bonds and Sukuk by adding a set of detailed clauses prepared by a specialized work team constituted by the CMA for more resilience to ease the processes of issuance of bonds and Sukuk as financing instruments.
-
Banking & Finance5 days ago
Oman Arab Bank Announces Increase of Authorised Capital to RO500mn and Paid‑In Capital Boost of RO50mn
-
OER Magazines2 months ago
OER, April 25
-
Renewables1 month ago
Jindal Renewables and OQ Alternative Energy Sign Joint Development Agreement to Advance Integrated Renewable Power Projects in Oman
-
Business2 months ago
St. Petersburg International Economic Forum 2025 unveils its Business Programme
-
Alamaliktistaad Magazines1 month ago
Al-Iktisaad, May 25
-
Leaders Speak1 month ago
OERLive SPOTLIGHT: Oman Sustainability Week 2025 and Oman Petroleum & Energy Show
-
OER Magazines1 month ago
OER, May 2025
-
Bahrain4 days ago
SPIEF 2025 focused on global and regional economic processes, market transformation, new tech, investment climate, financial policy and people