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Logo of Alqemam for Computer Systems Co.
Alqemam for Computer Systems Co. announced the commencement of SAR-denominated Murabaha sukuk under its SAR 10 million Murabaha sukuk program.
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Details |
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Issue Type |
SAR-denominated sukuk program through an offering on the electronic platform of Afaq Capital, licensed by the CMA to offer and invest in debt instruments. |
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Offer Value |
SAR 10 million, at SAR 500,000 per tranche, to be offered on a rolling basis until the end of the offering period. |
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Offering Start Date |
Jan. 18, 2026 |
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Offering End Date |
May 31, 2026 |
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Target Classes |
Natural and legal persons who are eligible to subscribe to sukuk within Saudi Arabia |
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Issuance Manager |
Afaq Capital is the sole lead arranger |
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Minimum Limit |
SAR 1,000 per sak |
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Offering Price |
SAR 1,000 per sak |
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Par Value |
SAR 1,000 per sak |
The company said in a statement on Tadawul that the primary prospectus should be reviewed carefully before making any investment decision related to the sukuk offering, noting that this announcement does not constitute an invitation or an offer to purchase, own, or subscribe.
It will announce any other material developments in due course in accordance with the relevant laws and regulations.
Earlier today, Jan. 18, Alqemam announced it intends to issue SAR-denominated Murabaha sukuk under its Murabaha sukuk program. It appointed Afaq Capital as the sole arranger to establish, issue, and offer the sukuk, according to Argaam data.
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