Oman’s government plans to raise RO100mn through its 12th issuance of local sovereign sukuk, with an option to increase the issue size by up to RO50mn, according to an announcement by the Oman Sovereign Sukuk Company. The seven-year Sharia-compliant sukuk will carry a fixed annual profit rate of 4.85% and mature on October 29, 2033. The issuance is being made by the Oman Sovereign Sukuk Company on behalf of the Ministry of Finance. [...]