The ENDOXA LAW team led by Partner Doxa Mbapila, is proud to have acted as Legal Advisor to CRDB Bank Plc on the Al-Barakah Ijarah Sukuk, with an offering of up to TZS 30 billion and USD 5 million, and a green shoe option of TZS 10 billion and USD 2 million respectively.
Launched on 9 August 2025, the Sukuk is expected to be listed on the Dar es Salaam Stock Exchange following the close of the subscription period.
This transaction marks another milestone in Tanzania’s growing Islamic finance market. Over the past two years, Endoxa Law has advised on eight sukuk issuances, both public and private placements — reinforcing our role as a leading legal advisor in Shariah-compliant capital market transactions in the region.