Alqemam starts last tranche of SAR 3M sukuk

26/08/2025 Argaam
Logo ofAlqemam for Computer Systems Co.

Logo of Alqemam for Computer Systems Co.


Alqemam for Computer Systems Co., listed on the Nomu-Parallel Market, started issuing the third and final tranche of its SAR-denominated sukuk valued at SAR 3 million.
 

The offering started today, Aug. 26 and will run until Oct. 26, according to a Tadawul statement.

 

Issuance of Alqemam’s Third and Final Tranche in Details

Offer Type

SAR-denominated sukuk

Offer Value

SAR 3 mln

Offering Start Date

Aug. 26, 2025

Offering End Date

Oct. 26, 2025

Target Investor Category

Individuals and institutions are eligible to subscribe to sukuk within Saudi Arabia

Issuance Manager

Sukuk Capital Co. – sole lead arranger

Minimum Offering

SAR 1,000 per sukuk

Offering Price

SAR 1,000 per sukuk

Par Value

SAR 1,000 per sukuk

 

According to data available with Argaam, Alqemam announced a plan to issue Murabaha sukuk denominated in Saudi riyals under the Murabaha Sukuk Program in May 2023.

 

The company launched the first tranche of SAR 3 million on May 15, 2023, while the second tranche, valued at SAR 4 million, was offered on June 25, 2025.

Comments {{getCommentCount()}}

Be the first to comment

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.