Raya Financing begins offering period for first sukuk

Issuance Type

AT1 capital sukuk

Issuer Rating

Fitch (-BBB) on the national scale

Offering Type

Public offering

Tradability

Tradable on TASI

Target Investors

Individuals and Corporates

Issuance Size

Based on demand level and market conditions

Annual Return

Payable quarterly at 8.5%

Nominal Value

SAR 1,000

Period

Perpetual sukuk, callable by the issuer after five years and on each subsequent distribution date if not redeemed on the first call date.

Minimum Subscription Limit

SAR 1,000 per certificate

Zakat

Deductible capital

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