Logo ofRiyad Bank
Riyad Bank will redeem in full its SAR 3 billion Tier 2 sukuk, due in 2031, the bank said in a statement to Tadawul. 
The sukuk, trading under the symbol 1013 (Riyad Bank Tier 2 Sukuk), will be called at par value (100% of the issue price) upon the completion of the fifth year on Feb. 9, 2026.
The bank added that the financial impact of the sukuk redemption will be reflected in its financial statements for the first quarter of 2026.
The table below shows the details of the redeemed sukuk:
Details of Redeemed Sukuk
Sukuk Type
SAR-denominatedTier 2 Sukuk
Sukuk Value
SAR 3 bln
Redemption Ratio
100%
Total Number of Sukuk
3,000(based on the minimum denomination and total size)
Issue Date
Feb. 9, 2021
Trading End Date
Feb. 9, 2026
Nominal Value per Sak at Redemption
SAR 1 mln
Date of Depositing the Amounts
in the Sukuk Holders Accounts
Feb. 9, 2026
Logo ofRiyad Bank
Riyad Bank will redeem in full its SAR 3 billion Tier 2 sukuk, due in 2031, the bank said in a statement to Tadawul.
The sukuk, trading under the symbol 1013 (Riyad Bank Tier 2 Sukuk), will be called at par value (100% of the issue price) upon the completion of the fifth year on Feb. 9, 2026.
The bank added that the financial impact of the sukuk redemption will be reflected in its financial statements for the first quarter of 2026.
The table below shows the details of the redeemed sukuk:
Details of Redeemed Sukuk
Sukuk Type
SAR-denominatedTier 2 Sukuk
Sukuk Value
SAR 3 bln
Redemption Ratio
100%
Total Number of Sukuk
3,000(based on the minimum denomination and total size)
Issue Date
Feb. 9, 2021
Trading End Date
Feb. 9, 2026
Nominal Value per Sak at Redemption
SAR 1 mln
Date of Depositing the Amounts
in the Sukuk Holders Accounts
Feb. 9, 2026
