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  • Wednesday, 16 March 2022 14:35

Dr. Abidi Pharmaceuticals Co. Sukuk Profile

Originator: Dr. Abidi Pharmaceuticals Co.
Issue Date: March 16, 2022
Type of asset: Raw Materials
Issue Size: 3,000,000 Million IRR
Exchange: Iran Fara Bourse
Structure: Murabaha
Tenor: 4 years
Payment Periods: Every three months from start date
Face value of each paper: 1,000,000 IRR
Sukuk rate: 18% annually
Issuer (SPV): Mordad V Co.
Sale agent: Karafarin Bank Brokerage Co.
Guarantor: Karafarin Bank
Agent of payment: Central Securities Depository of IRAN (CSDI)