Alqemam completes SAR 10M Murabaha sukuk offering

09:36 AM (Mecca time) Argaam- Nomu
Alqemam completed the offering and subscription of its SAR-denominated Murabaha sukuk

Alqemam completed the offering and subscription of its SAR-denominated Murabaha sukuk

Alqemam for Computer Systems Co. completed the offering and subscription of its SAR-denominated Murabaha sukuk via Afaq Capital Co.’s website, according to a statement to Tadawul.

 

Details of Sukuk Issue

Offering type

SAR-denominated Murabaha sukuk offered via Afaq Capital’s official website

Value

SAR 10 mln

Number of Sukuk

10,000 sukuk, based on the minimum denomination and total issuance size

Nominal Value

SAR 1,000 per certificate
 

According to data available with Argaam, Alqemam announced in January the commencement of a SAR-denominated Murabaha sukuk offering under its Murabaha sukuk program.

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