Raya Financing sets date for tradable sukuk offering on TASI

03/02/2026 Argaam
Logo ofRaya Financing Co.

Logo of Raya Financing Co.


Raya Financing Co. set the date for its first sukuk issuance on the Main Market (TASI), Impact46, the financial advisor and sole arranger, said.

 

Issuance type

AT1 sukuk

Offering type

Public offering

Tradability

Tradable on TASI

Issuance size

Based on demand level and market conditions

Offering start date

Feb. 8, 2026

Offering end date

Feb. 12, 2026

Financial Advisor and Sole Arranger

Impact46

Receiving Agents

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

 

Minimum Subscription Limit

SAR 1,000

Nominal Value

SAR 1,000

Return

Payable quarterly at 8.5%

Zakat treatment

Deductible capital

 

According to Argaam data, Raya Financing recently announced the prospectus for a additional Tier 1 capital sukuk program with a nominal value of SAR 500 million, to be issued through multiple tranches.

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