Oman Electricity Transmission Company (OETC), part of Nama Group, has been awarded “Sukuk Deal of the Year” for Sovereign and Sovereign-Linked Entities. The award recognizes OETC’s successful issuance of a Sukuk, a Sharia-compliant financial instrument. This marks a significant achievement for the company and Oman’s financial sector, highlighting growing interest in Islamic finance. The Sukuk deal involved a substantial financial undertaking, demonstrating investor confidence in OETC and the Omani economy. Details of the Sukuk’s value and specific terms were not disclosed in the initial announcement. The award was presented at a recent industry event recognizing excellence in Islamic finance transactions. This win positions OETC as a leader in innovative financial solutions within the region.
