Mellat Capital Takes On Underwriting of Sirjan Iranian Steel's 25 Trillion Rial Murabaha Sukuk

Bank Mellat said in a Group B disclosure published on Saturday, 17 October 2026 that its unit Mellat Capital has accepted the underwriting and market-making of a murabaha sukuk issue by Sirjan Iranian Steel worth 25,000,000 million rials (25 trillion rials, equal to 2,500 billion tomans). The sukuk has a four-year term, a 23% annual profit rate paid quarterly and matures on 27 Mehr 1409. Underwriting income is 12,500 million rials (0.05% of face value), and market-making income over the life of the issue is put at 11,675,000 million rials.