Will BMA sukook listing boost trading?

The recent oversubscribed release of another five-year government backed sukuk in Bahrain, issued on behalf of the Bahrain Monetary Agency (BMA), will continue to generate interest in the development of an Islamic secondary market. The US$80m issue, available under $10,000 minimum subscriptions, will be paid semi-annually, is unconditionally guaranteed by the government of Bahrain, and offers investors an opportunity to trade and acquire short-medium term securities.