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Eye Care issues second sukuk dividend of MVR 3.4 million

The sukuk was issued to raise funds for the construction of Eye Care Centre, an eye hospital in Hulhumale', and is valued at MVR 30 million.

Malika Shahid
20 March 2025, MVT 15:58
Eye Care Opticals centre established in Hulhumale' Eye Care Opticals centre established in Hulhumale'
Eye Care Opticals centre established in Hulhumale'
Malika Shahid
20 March 2025, MVT 15:58

Eye Care has distributed a second dividend of MVR 3.4 million to investors in its sukuk.

The company previously made an initial payment of the same amount in September.

The sukuk was issued to raise funds for the construction of Eye Care Centre, an eye hospital in Hulhumale', and is valued at MVR 30 million.

The sukuk offers investors an annual return of 8 percent over a five-year term.

First National serves as the lead arranger for the sukuk, facilitating bond and securities sales to support private sector fundraising. The firm has also arranged bonds for MPL and Euro Market.

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