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EFG Hermes lists Ijara Sukuk on EGX

EFG Hermes lists Ijara Sukuk on EGX
The Sukuk will be offered for 57 months
EFG Hermes
HRHO
-2.02% 12.64 -0.26

Cairo – Mubasher: The Egyptian Exchange’s (EGX) listing committee announced the listing of Ijara Sukuk issued by EFG Hermes Securitization Company.

The Ijara Sukuk is compliant with Islamic Sharia, tradable, and non-convertible, according to a statement on Wednesday.

The Sukuk will be offered for 57 months starting from the date of the issuance until the end of 2024 with a total value of EGP 2 billion, distributed over 20 million notes valued at EGP 100 apiece.