SICO Launches Fractional Bonds and Sukuk Trading
SICO BSC (c), a leading regional asset manager, broker, and investment bank with presence inBahrain, Saudi Arabia, and the UAE, announces the launch of International Bonds and Sukuk tradingfor a minimum of USD 50,000, compared to the standard minimum investment of USD 200,000. Thiswill offer clients increased opportunities to diversify their Bonds and Sukuk Investments.
“We are excited to offer a broader range of our clients greater flexibility and to the opportunity toinclude fixed income instruments to their portfolios which were previously limited to equities.” statedAhmed Al Mudawi Head of Global Markets Brokerage at SICO. “This initiative aligns with ourcommitment to providing innovative investment solutions that meet the evolving needs of our clients.By lowering the minimum investment requirement, we are enabling more clients to diversify theirportfolios, access fixed income markets and participate in opportunities across different assetclasses, regions and sectors ” he added
“We believe this initiative will significantly empower our clients to preserve and grow their capitalwisely, helping them achieve their financial goals and build a balanced and robust investmentportfolio. At SICO, our focus remains on delivering exceptional value and service to our clients thatalign with the rapid technological advancement in capital markets.”
GCC bond markets have proved resilient thus far in the face of interest rate volatility. With growingexpectations for a lower interest environment in the near future this presents a positive incentive forinvesting in fixed income instruments. Fractional bonds and sukuks are exclusively available toSICO’s clients and will be traded and custodied exclusively with SICO.
SICO’s Brokerage division provides clients with a comprehensive product offering out of Bahrain,Saudi Arabia, and the UAE, that includes direct securities, including equities, bonds, and sukuks;single-product brokerage across the GCC and wider MENA region; as well as margin trading facilities for equities. Additionally, SICO’s Global Markets desk provides clients with access to internationalstocks, bonds, and ETFs, spanning more than 17 countries including the US, UK, and Europe, andover 25 exchanges.
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