Iran's TCI to Issue $46 Million Sukuk

Tose'e Etemad Mobin, parent company of Telecommunication Company of Iran, is to issue 5 trillion rials ($46 million) worth of equity-based Ijarah sukuk on Iran Fara Bourse  (an over counter market for securities and shares).
According to the Security and Exchange News Agency,  2.2 billion rent-to-own four-year bonds, each worth 2,248 rials, will be offered by IFB this week to repay TCI debts.