Logo ofAlinma Bank
Alinma Bankcompleted the issuance of US dollar-denominated sukuk worth $500 million, under its Trust Certificate Issuance Program. 
The sukuk issue is expected to be settled on July 15, the bank said in a statement onTadawul.
Sukuk Issuance Details
Offering Type
US dollar-denominated sukuk under the bank’s Trust Certificate Issuance Program
Offering Value
$500 mln
Total Number of Sukuk
2,500 (based on the minimum denomination and total issue size)
Par Value
$200,000
Return
4.937% (per annum)
Maturity
July 15, 2030
Terms of Redemption
The certificates may be redeemed in certain cases as detailed in the offering circular related to the Trust Certificate Issuance Program.
Logo ofAlinma Bank
Alinma Bankcompleted the issuance of US dollar-denominated sukuk worth $500 million, under its Trust Certificate Issuance Program.
The sukuk issue is expected to be settled on July 15, the bank said in a statement onTadawul.
Sukuk Issuance Details
Offering Type
US dollar-denominated sukuk under the bank’s Trust Certificate Issuance Program
Offering Value
$500 mln
Total Number of Sukuk
2,500 (based on the minimum denomination and total issue size)
Par Value
$200,000
Return
4.937% (per annum)
Maturity
July 15, 2030
Terms of Redemption
The certificates may be redeemed in certain cases as detailed in the offering circular related to the Trust Certificate Issuance Program.
