DMD Circular Letter No. 05: Regarding Sukuk Allotment Quota

The Department of Management and Development of the Central Bank of Bangladesh mandates specific Sukuk allotment quotas for investors, effective immediately. The allocation requires that 70% of issued Sukuk be allotted to Shariah-compliant banks, finance companies, and insurance companies; 10% to the Islamic branches and windows of conventional banks; and 20% to individual investors, provident funds, and deposit insurance entities. These new quotas supplement the unchanged directives of Circular Letter No. 06 dated August 27, 2023.

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50119

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

Department of Management and Development

08 Magh, 1431
Date: -------------------
22 January, 2025

DMD Circular Letter No. 05/2025

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

Dear Sir,

Regarding Sukuk Allotment in Favor of Investors.

Reference is invited to DMD Circular Letter No. 06 dated 27 August 2023 on the subject cited above.

Through the aforementioned Circular Letter, guidelines regarding the percentage of Sukuk allotment in various categories and the procedure for Sukuk allotment in favor of investors were provided.
It is now informed for your information that, in the case of Sukuk issuance, Sukuk allotment in favor of investors will be provided as follows:

Category	Type of Investors	Percentage of Sukuk Allotment in Favor of Investors
1.	Shariah-compliant Banks/Finance Companies/Insurance Companies	70% of the Issued Sukuk
2.	Islamic Branches and Windows of Conventional Banks	10% of the Issued Sukuk
3.	Individual Investors, Provident Funds, Deposit Insurance, etc.	20% of the Issued Sukuk

In addition, other directives of DMD Circular Letter No. 06 dated 27 August 2023 shall remain unchanged.
These directives shall come into force immediately.

Yours faithfully,

(Istekmal Hossain)
Director (DMD)
Phone: 9530101
Email: istequemal.hussain@bb.org.bd

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Lineage: Superseded

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Timeline

Amended 1 time · last 2025-08-04

2025-08-04BBDMD Circular Letter No. 13: Regarding Sukuk Allotment Quotasupersedes

This document amends: DMD Circular Letter No. 06: Regarding Sukuk Allotment Quota

Source: Bangladesh Bank — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works