Alinma Bank completes $500M sukuk issue

09/07/2025 Argaam
Logo ofAlinma Bank

Logo of Alinma Bank

Alinma Bank completed the issuance of US dollar-denominated sukuk worth $500 million, under its Trust Certificate Issuance Program.

 

The sukuk issue is expected to be settled on July 15, the bank said in a statement on Tadawul. 

 

Sukuk Issuance Details

Offering Type

US dollar-denominated sukuk under the bank's Trust Certificate Issuance Program

Offering Value

$500 mln

Total Number of Sukuk          

2,500 (based on the minimum denomination and total issue size)

Par Value

$200,000

Return

4.937% (per annum)

Maturity 

July 15, 2030

Terms of Redemption 

The certificates may be redeemed in certain cases as detailed in the offering circular related to the Trust Certificate Issuance Program.

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