Alqemam issues 2nd batch of SAR-denominated 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 batch of its SAR-denominated Murabaha sukuk today, June 24, 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 the Sukuk Issue

Offer Type

SAR-denominated Murabaha 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

Offering Start Date

June 25, 2025

Offering End Date

Aug. 25, 2025

Target Classes

Natural and legal persons who are eligible to subscribe to sukuk within the Kingdom of Saudi Arabia.

Name of Issuance Manager

Sukuk Capital is the sole lead arranger.

Subscription Minimum Limit

SAR 1,000 per sakk

Offer Price

SAR 1,000 per sakk

Par Value

SAR 1,000 per sakk

 

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According to Argaam data, Alqemam began issuing SAR-denominated Murabaha sukuk on May 15 as part of its SAR 10 million sukuk program. The first tranche was offered in two separate issues, with a combined value of SAR 3 million.

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