Raya Financing completes debut public sukuk issuance

18/02/2026 Argaam
Logo ofRaya Financing Co.

Logo of Raya Financing Co.

Raya Financing Co. completed the public offering of its first sukuk issuance, financial advisor and sole arranger Impact46 said in a statement to Tadawul.

 

Issuance Details

Issuance Type

AT1 capital sukuk

Issuer Rating

Fitch (-BBB) on the national scale

Offering Type

Public offering

Tradability

Tradable on TASI

Target Investors

Retail investors and corporates

Issuance Size

SAR 300 mln

Annual Return

Payable quarterly at 8.5%

Nominal Value

SAR 1,000 per certificate

Period

Perpetual sukuk, callable by the issuer after five years and on each subsequent distribution date if not redeemed on the first call date

Minimum Subscription Limit

SAR 1,000 per certificate

Zakat

Deductible capital

Offering Start Date

Feb. 19, 2026

Margin

5% annually, the profit rate for any reset period shall be calculated based on the margin, plus the relevant reset rate

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