DMD Circular Letter No. 05: Regarding Sukuk Allotment Quota

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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.

2. 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.

3. 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

4. In addition, other directives of DMD Circular Letter No. 06 dated 27 August 2023 shall remain unchanged.

5. These directives shall come into force immediately.

Yours faithfully,

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