DMD Circular Letter No. 13: Regarding Sukuk Allotment Quota

50119

Bangladesh Bank
(Central Bank of Bangladesh)
Head Office
Motijheel, Dhaka-1000
Bangladesh.

Data Management Department

20 Shrabon, 1432
Date: -------------------
4 August, 2025

DMD Circular Letter No. 13/2025

Managing Director/Chief Executive Officer
All Scheduled Banks and Finance Companies Operating in Bangladesh

Dear Sir,

Regarding the re-determination of the Sukuk allotment rate in favor of investors.

With reference to DMD Circular Letter No. 06 dated 27 August 2023 and DMD Circular Letter No. 05 dated 22 January 2025 of this department on the above subject, you are informed that the Sukuk allotment rate among investors in the context of Sukuk issuance has been re-determined as follows:

Sr. No.	Type of Investors	Percentage of Sukuk Allotment in Favor of Investors
1.	Shariah-based Banks, Finance Companies, Insurance Companies, and Islamic Branches and Windows of Conventional Banks	80% of the Issued Sukuk
2.	Conventional Banks, Finance Companies, and Insurance Companies	05% of the Issued Sukuk
3.	Individual Investors, Provident Funds, Deposit Insurance, Investment Companies, Corporate Entities, Gratuity Funds, Mutual Funds, etc.	15% of the Issued Sukuk

2. In the allotment of Sukuk among investors in the aforementioned ratios, the following procedures will be followed:

a) If bids are submitted in excess of the determined ratio in any of the 3 categories, Sukuk allotment will be given to the bidders in each category in proportion to their submitted bids; and

b) If bids are submitted less than the determined ratio in any category, the remaining Sukuk will be allotted to the bidders in other categories (if any) who submitted excess bids in proportion to their submitted bids.

3. In this context, DMD Circular Letter No. 06 dated 27 August 2023 and DMD Circular Letter No. 05 dated 22 January 2025 of this department are hereby cancelled.

4. This directive will take effect immediately.

Yours faithfully,

(Istekmal Hossain)
Director (DMD)
Phone: 9530131
Email: istequemal.hussain@bb.org.bd

Phone: 88-02-9550448, 9554896, IP: 88-02-55665301-6, Fax: 88-02-9530479, Web: www.bb.org.bd