Dhaka, Feb. 27 -- The auction for the fifth Sukuk bonds will be held at the central bank on March 12, aiming to raise Tk 30 billion for financing smooth implementation of a rural development project.

The decision was taken at a Shariah Advisory Committee of the central bank at its headquarters in Dhaka on Thursday, with Bangladesh Bank (BB) Deputy Governor Dr. Md. Kabir Ahmed in the chair.

"All official formalities to issue the upcoming Sukuk bonds have already been completed at the meeting," a member of the committee told the FE after the meeting.

He said interested investors may apply for the Islamic bonds from any scheduled bank branches across the country.

Meanwhile, profit or rent for the Sukuk bonds has been fixed at 9.25 per ce...