March 23, 2020 || SIBL engages Australia Based BlueMount Capital for issuing an International Sukuk

Social Islami Bank Limited and Australia Based Investment Bank BlueMount Capital signed a Mandate Agreement recently at the Head Office of SIBL. Mr. Quazi Osman Ali, Managing Director & CEO and other high officials from SIBL were present at the signing ceremony. Local representatives of BlueMount Capital exchanged the Agreement on behalf of their organization. Under the Agreement, BlueMount Capital will act as the International Lead Manager in placing an international sukuk for USD 75 million as Tier-II Capital for SIBL within the regulatory framework of Bangladesh.