CRDB Bank Launches Al Barakah Sukuk Islamic Bond to Raise TZS 30B and USD 5M for Ethical Investments

[TanzaniaInvest - Tanzania] - 12/08/2025

CRDB Bank has launched the Al Barakah Sukuk Islamic bond targeting TZS 30 billion and USD 5 million, with a green-shoe option to raise totals to TZS 40 billiob and USD 7 million. Proceeds will fund ethical projects in healthcare, halal agribusiness, education, and sustainable manufacturing.

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