AI Summary
Aqaseem issued last May the first series of SAR-denominated sukuk at SAR 50 million
Aqaseem Factory for Chemicals and Plastics Co. announced yield on the first semi-annual distribution of its Sukuk for the period ended Nov. 20, 2025, as shown below:
|
First Semi-Annual Sukuk Yield |
|
|
Total yield |
SAR 2.56 mln |
|
Number of eligible Sukuk |
50,000 |
|
Yield per each instrument |
SAR 51.11 |
|
Number of days in the coupon |
184 days |
|
Record date |
Nov. 20, 2025 (those registered with unitholders at Edaa at the end of the second trading day following the record date) |
|
Payment date |
Within five days maximum |
According to data compiled by Argaam, Aqaseem issued last May the first series of SAR-denominated sukuk at SAR 50 million, according to the following details:
|
Details of Sukuk |
|
|
Offering Type |
First series of SAR-denominated sukuk in a public placement |
|
Value |
SAR 50 mlm |
|
Issue Size |
50,000 |
|
Offer Price |
SAR 1,000 each |
|
Sukuk Yield |
10% per annum (Fixed rate, paid semi-annually) |
|
Redemption Eligibility Terms |
At the maturity date on May 20, 2030, the sukuk will be redeemed at 100% of the total nominal value of the series. |
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