Sirjan Iranian Steel Announces 50 Thousand Billion Rial Murabaha Sukuk Offering at 23% Profit Rate

Sirjan Iranian Steel said in a Group B Codal filing published Monday, October 19, 2026 (27 Mehr 1405) that it will offer murabaha sukuk with a total face value of 50 thousand billion rials (5,000 billion tomans) to finance the company. The sukuk carry a 23 percent annual nominal profit rate and a four-year maturity, and are issued under two trading symbols. Bank Mellat had earlier disclosed that its unit Mellat Capital accepted underwriting of part of the issue, 25 thousand billion rials.