Alqemam issues 2nd tranche of SAR 4M sukuk

24/06/2025 Argaam
Logo ofAlqemam for Computer Systems Co.

Logo of Alqemam for Computer Systems Co.

Alqemam for Computer Systems Co. began issuing the second tranche of its SAR-denominated sukuk today, June 25, at a total value of SAR 4 million, the company said in a statement to Tadawul.

 

The issuance will remain open until Aug. 25, 2025.

 

Details of Sukuk Issue

Offer Type

SAR-denominated sukuk offered through the electronic platform of Sukuk Capital, which is licensed by the Capital Market Authority (CMA) to offer and invest in debt instruments.

Offer Value

SAR 4 mln

Start Date

June 25, 2025

End Date

Aug. 25, 2025

Target Classes

Natural and legal persons who are eligible to subscribe to sukuk within Saudi Arabia

Lead Manager

Sukuk Capital

Minimum Subscription Limit

SAR 1,000 per certificate

Offer Price

SAR 1,000 per certificate

Par Value

SAR 1,000 per certificate

 

For more news on listed companies

 

In May 2023, the company announced its plan to issue SAR-denominated Murabaha sukuk, with the first tranche worth SAR 3 million issued on May 15, 2023, according to Argaam data.

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