iOud issues SAR 50M domestic sukuk

Offer Type

Senior, credit-enhanced SAR-denominated sukuk, structured under a Mudaraba/Murabaha format.

Offer Value

SAR 50 mln initially. The final issuance size will be determined upon completion of the offer period based on prevailing market conditions at that time.

Offering Start Date

May 10, 2026

Offering End Date

May 14, 2026

Target Classes

Retail and institutional investors within Saudi Arabia.

Name of Issuance Manager

Impact46 Capital: Financial Advisor and Sole Arranger

Receiving Agents

SNB Capital, Al Rajhi Capital, AJB Capital, Derayah Financial, BSF Capital, Alistithmar Capital, Albilad Capital, SAB Invest, ANB Capital, Riyad Capital, Alinma Capital, Musharaka Capital, Sukuk Capital, EFG Hermes, Yaqeen Capital, Alkhabeer Capital, and Arat Capital

Minimum Limit

One sak (SAR 1,000)

Offering Price

SAR 1,000 per sak

Par Value

SAR 1,000

Return

10.50% per annum, paid semi-annually

Maturity

Five years, with an issuer call option exercisable after 24 months from the issuance date, and at any time thereafter. If the call option is exercised prior to a profit distribution date, accrued profit shall be calculated up to the redemption date in accordance with the T&Cs.