Pioneering Oman's first hybrid Ijara-Wakala Sukuk
We acted as sole transaction counsel to Energy Development Oman (EDO) on its landmark Sukuk programme and inaugural issuance, designing a first-of-its-kind hybrid Ijara-Wakala structure for Oman. Our cross-border team combined Islamic finance, capital markets and regulatory expertise to deliver an innovative structure supporting EDO's strategic funding ambitions.
- $2.6bn USDSukuk issuance programme
- $130m USDInaugural Sukuk issuance

"Trowers & Hamlins played an important role - together with the EDO and NBO teams - by designing an innovative Sukuk structure that supported investor receptivity, and by preparing a high-quality disclosure document."Sultan al Mamari




