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Al-Kawthar Financial Leasing Company is offering Tender - 140238753

The AL-KAWTHAR FINANCIAL LEASING COMPANY has issued a Tender notice for the procurement of a Al-Kawthar Financial Leasing Company is offering sukuk (Islamic bonds) under the absolute Mudaraba sukuk type. in the Jordan. This Tender notice was published on 27 Apr 2026 and is scheduled to close on 14 May 2026, with an estimated Tender value of JOD 3000000. Interested bidders can access detailed Tender information, eligibility criteria, and complete bidding documents by referencing TOT Ref No. 140238753, while the tender notice number is and Registering on the platform.

Procurement Summary

Country: Jordan

Summary: Al-Kawthar Financial Leasing Company is offering sukuk (Islamic bonds) under the absolute Mudaraba sukuk type.

Deadline: 14 May 2026

Posting Date: 27 Apr 2026

Other Information

Notice Type: Tender

TOT Ref.No.: 140238753

Document Ref. No.:

Competition: ICB

Financier: Self Financed

Purchaser Ownership: Public

Tender Value: JOD 3000000

Purchaser's Detail

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Tender Details

Al-Kawthar Financial Leasing Company is offering sukuk (Islamic bonds) under the absolute Mudaraba sukuk type. The second tranche has a maximum ceiling of 3, 000, 000 Jordanian dinars, with each instrument valued at 25, 000 Jordanian dinars. A total of 120 bonds are offered, with an expected annual return rate of 6%. The proceeds will be used for various sectors compliant with Islamic Sharia, including real estate, medical equipment, and vehicles. The subscription period is from May 10, 2026, to May 14, 2026.

Documents

Tender Notice

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