Maaden issues USD-denominated sukuk under its international program
Saudi Arabian Mining Company (Maaden) commenced the issue of USD-denominated sukuk under its International Sukuk Issuance Program, according to a statement to Tadawul. 
The sukuk will be offered to qualified investors inside and outside Saudi Arabia. The size and terms of the issuance will be determined based on market conditions.
The sukuk may be redeemed in certain cases, as detailed in the relevant offering document.
Issuance Type
US dollar-denominated sukuk
Offering Size
To be determined based on market conditions
Offering Start Date
Jan. 22, 2026
Offering End Date
Jan. 29, 2026
Target Investors
Qualified investors inside and outside Saudi Arabia
Issuance Managers
Albilad Capital, AlJazira Capital, Arab Banking Corporation, Bank of China-Hong Kong Branch, BNP Paribas, Citigroup Global, Goldman Sachs International, HSBC, J.P. Morgan Securities, KFH Capital, Merrill Lynch, Mizuho International, Natixis, and AlAhli Capital as joint lead managers
Minimum Subscription
$200,000 with increments of $1,000
Issue Price
To be determined based on market conditions
Par Value
$200,000
Return
To be determined based on market conditions
Maturity
To be determined based on market conditions
Maaden’s International Sukuk Issuance Program was established on Feb. 4, 2025, pursuant to a board decision dated Dec. 15, 2025. The purpose of the issuance is to meet the company’s general corporate needs, Maaden said.
Maaden issues USD-denominated sukuk under its international program
Saudi Arabian Mining Company (Maaden) commenced the issue of USD-denominated sukuk under its International Sukuk Issuance Program, according to a statement to Tadawul.
The sukuk will be offered to qualified investors inside and outside Saudi Arabia. The size and terms of the issuance will be determined based on market conditions.
The sukuk may be redeemed in certain cases, as detailed in the relevant offering document.
Issuance Type
US dollar-denominated sukuk
Offering Size
To be determined based on market conditions
Offering Start Date
Jan. 22, 2026
Offering End Date
Jan. 29, 2026
Target Investors
Qualified investors inside and outside Saudi Arabia
Issuance Managers
Albilad Capital, AlJazira Capital, Arab Banking Corporation, Bank of China-Hong Kong Branch, BNP Paribas, Citigroup Global, Goldman Sachs International, HSBC, J.P. Morgan Securities, KFH Capital, Merrill Lynch, Mizuho International, Natixis, and AlAhli Capital as joint lead managers
Minimum Subscription
$200,000 with increments of $1,000
Issue Price
To be determined based on market conditions
Par Value
$200,000
Return
To be determined based on market conditions
Maturity
To be determined based on market conditions
Maaden’s International Sukuk Issuance Program was established on Feb. 4, 2025, pursuant to a board decision dated Dec. 15, 2025. The purpose of the issuance is to meet the company’s general corporate needs, Maaden said.
