Sukuk is a fixed income instrument that distributes Sharia-Compliant profits at predetermined amounts and intervals. At maturity, the investor will be repaid in full at the par value.

OMR Sukuk ENG – Energy Oman

Q: Why should I invest in Energy Omans Sukuk?

To achieve a stable return from a low risk investment. Please refer to the “Key Benefits” set out above.

Q: What is the profit rate and tenor?

The profit rate is 5% per annum (payable quarterly) and the tenor is 5 years. The subscription price will be determined by auction: category II investors will receive the most favorable price.

Q: Is the Sukuk Shariah compliant?

Yes, the issuance is Shari’a-Compliant. It has been structured using the Islamic principles of leasing (Ijrah) and agency (Wakala). The structure has been reviewed by Bank Nizwa & NBO Muzn Islamic banking’s Shariah Boards.

Q: Who can invest in Energy Oman Sukuk?

Any institutional investor with minimum amount of OMR1,000. Any individual investor with a minimum amount of OMR100. All investors will require an MCD investor number. Individual investor subscriptions will be via the digital channels (Collecting Banks / Agents).

Q: Can I sell my Sukuk before maturity?

Yes, investors can sell the instrument at any time (subject to the below). Energy Oman has appointed Oman Investment Bank (OIB) as liquidity Provider, with the responsibility to provide a bid and offer price during market hours (market prices may be higher or lower than the original investment amount). Other brokers may also offer secondary trading services to thier clients.

Q: Is my capital guaranteed?

No, capital is not guaranteed, it is subject to the ability of the Issuer, Obligor, and Guarantor to make payments. However, Energy Oman has substantial assets and revenue that support its ability to make profit distributions and redeem the certificates upon maturity. Prospective investors should refer to the Prospectus and Supplement for further information on Energy Oman, and the risks involved in the investment.

Q: What are the key risks of this investment?

Prospective investors should refer to the Prospectus and Supplement for further information on Energy Oman, and risks involved in this investment. individual investors are encouraged to seek financial advice, if they are not familiar with the type of investment.

Q: Will I receive a full allocation of the amount I apply for?

If the Category II offer is oversubscribed, the Issuer has indicated that it will exercise the Greenshoe option to increase the Issue Size by up to OMR 25 million. Individual (Category II) investors will be prioritized in the allocation process.

Q: Who should I contact in case of further enquiries?

Individual investors are encouraged to seek financial advice, if they are not familiar with the type of investment. The Issue Managers can be contacted for enquiries regarding the offer and how to apply. Energy Oman’s Treasury & Investor Relations team is available for assistance regrading any further question that you may have.

Power Oman's Future:
Invest in Energy Oman Sukuk

Contribute to the national growth initiative

Key Issuance Details

OMR 50 million

Initial Issue Size

5 years

Tenor (bullet)

5%

Profit Rate (per annum)

Quarterly

Profit Distribution

Category I (Institutional)

via physical application form

Subscription Period: 4 Nov to 12 Nov 2026

Category II (Retail)

via collecting banks' platform

Subscription Period: 18 Nov to 30 Nov 2026

TRANSACTION OVERVIEW

A strategic investment in Oman’s energy future

Key Terms

Tenor: 5 years
Profit Rate: 5% payable quarterly.

Shari'a Compliant

Structured using Islamic principles of leasing (Ijarah) and agency (Wakala)

Issuer

Issuer: Energy Development Sukuk SPC
Obligor: EDO Gas SPC
Guarantor: Energy
Development Oman SAOC

Issue Size

OMR 50 million
With a Greenshoe Option to increase the offering

Documents & Downloads

2026

2025

Base Prospectus

Download PDF

Supplemental Prospectus

Download PDF

Summary Booklet

Download PDF

Yield Table

Download PDF

Why Invest?

A sustainable investment with lasting impact

Key benefits

Stable return from a low risk investment
Cash flows are supported by the Guarantors energy assets in Oman
Sharia compliant structure using Islamic principles of leasing (Ijarah) and agency (Wakala)
Will be listed on the Muscat Stock Exchange
Liquidity Provider will facilitate secondary trading
Contribute to the growth of Omans energy sector

Eligibility

Category I: Any institutional investor with a minimum amount of OMR1,000.
Category II: Any individual investor with a minimum amount of OMR100.
Applicants must have a valid MCD Investor Number and meet the applicable subscription requirements

How to Subscribe

Category I (Institutional)

Category II (Retail)

Muscat Clearing and Depository account

Applicants must have a valid MCD Investor Number.
The applicants bank account details registered with MCD must be accurate and up to date.
Certificate allocations, profit payments and refunds will be processed using the applicants registered MCD details.

Muscat Clearing and Depository account

Applicants must have a valid MCD Investor Number.
The applicants bank account details registered with MCD must be accurate and up to date.
Certificate allocations, profit payments and refunds will be processed using the applicants registered MCD details.

Application Process

Complete the prescribed application form.
Submit the application to a collecting bank within the applicable subscription period.
Remit the subscription amount to the collecting bank.
Receive confirmation of final allocation, following FSA approval
Receive refunds for any unallocated subscriptions (if any).

Application Process

Review the prospectus and confirm your eligibility.
Submit your subscription application through your collecting bank’s platform, or via Bank Nizwa if you do not have an account with one of the collecting banks www.banknizwa.om
Pay the full subscription amount.
Receive confirmation of final allocation, following FSA approval.
Receive refunds for any unallocated subscriptions (if any).

How to Subscribe

Category I (Institutional)

Muscat Clearing and Depository account

Applicants must have a valid MCD Investor Number.
The applicants bank account details registered with MCD must be accurate and up to date.
Certificate allocations, profit payments and refunds will be processed using the applicants registered MCD details.

Application Process

Complete the prescribed application form.
Submit the application to a collecting bank within the applicable subscription period.
Remit the subscription amount to the collecting bank.
Receive confirmation of final allocation, following FSA approval
Receive refunds for any unallocated subscriptions (if any).

Category II (Retail)

Muscat Clearing and Depository account

Applicants must have a valid MCD Investor Number.
The applicants bank account details registered with MCD must be accurate and up to date.
Certificate allocations, profit payments and refunds will be processed using the applicants registered MCD details.

Application Process

Review the prospectus and confirm your eligibility.
Submit your subscription application through your collecting bank’s platform, or via Bank Nizwa if you do not have an account with one of the collecting banks www.banknizwa.om
Pay the full subscription amount.
Receive confirmation of final allocation, following FSA approval.
Receive refunds for any unallocated subscriptions (if any).