Alinma Bank raised $ 500 million in offering SUKUK, joining the outbreak of debt instruments in the Saudi banking sector, which started early this year. The Sukuk is permanent, and he issued a return of 6.5%, and the bank allowed its recovery after five and a half years, with the possibility of early payment in specific cases as in the presentation document. It is scheduled to be included in the international stock market on the London Stock Exchange. The bank, in a statement published on the Saudi Stock Exchange website “Tadawul”, said the offer aimed to improve capital from the first segment and for public bank purposes. With the completion of the expense, the number of Saudi banks that have knocked on the doors of the debt markets since the beginning of 2025 increases with a total of $ 6.4 billion, as part of their attempt to improve capital rules, complying with the requirements of Basel 3, and to finance long -term expansion, according to the official unveiling.
The Saudi -“Development Bank” collects $ 500 million from offering sukuk
