Alinma Bank completes $500M sukuk issue

09/07/2025 Argaam

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.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.