Thursday 13/November/2025 – 11:52 AM
The Central Bank of Egypt announced the offering of the second 3-year fixed-return sovereign sukuk worth 3 billion pounds at a return price of 21.561% next Monday, November 17, 2025, according to data published on its website.
The Central Bank will issue a second sovereign sukuk worth 3 billion pounds next Monday
Last week, the first 3-year sovereign sukuk offering was issued, worth 3 billion pounds, with a coverage of about 5 times the target.
Sovereign fixed-return sukuks are government securities compatible with Islamic law, issued by the state to finance its projects, and characterized by a fixed return that is paid periodically (semi-annually in this example).
These instruments are stable because the return and their tax treatment are predetermined, and they are an alternative to traditional bonds as they allow the state to diversify funding sources and reduce the cost.
The Egyptian Stock Exchange announced the registration of Egyptian sovereign sukuks of the leasing type with a fixed return on November 4, 2028, after letters from the Central Bank and the Egyptian Central Deposit and Registration Company issued on November 3, 2025.
According to a statement issued by the Egyptian Stock Exchange, the issue size amounts to 3 billion pounds distributed over 3 million instruments with a nominal value of 1,000 pounds per instrument, under the international numbering code EGKGU00021F2.
These sukuks come with a fixed return rate of 21.561% annually, paid semi-annually on May 4 and November 4 of each year, providing investors with a stable return with the security of capital guaranteed by the government.
It is noteworthy that the listing of this issue in the stock exchange’s database will be effective from the beginning of the trading session on November 4, 2025, allowing investors to buy and sell sukuks in the secondary market.
