Subscription for the April issuance of Sah Sukuk, a Shariah-compliant government bond for individuals, will open tomorrow, April 5.
The sukuk are issued by the Saudi government through the Ministry of Finance and arranged by the National Debt Management Center (NDMC).
The return rate was set at 4.50%, with allocation scheduled for April 14. The redemption period will take place from April 19 to 21, and redemption payments will be disbursed on April 26.
Sah Sukuk is designed for individuals, offering competitive returns and issued monthly according to the issuance calendar. The savings period is one year with fixed returns, and profits are paid upon maturity.
The product is available exclusively to Saudi nationals aged 18 and above, provided they hold an account with one of the following financial institutions: SNB Capital, AlJazira Capital, Alinma Investment, SAB Invest, or Al Rajhi Capital.
Sah Sukuk offers attractive, government-backed returns with low risk. It features an easy subscription process, no redemption restrictions, and no fees.
The initiative aims to help individuals improve financial planning, increase the percentage of regular savers, provide a secure saving method, expand available savings products, and promote a culture of saving.
Sah ProductDetails
Issue type
Sah, which is the first Shariah-compliant savings product intended for individuals in the form of sukuks within the Kingdom’s local SAR-denominated sukuk program.
Start of subscription to the first issue
April 5, 2026(at 10:00 am)
End of subscription to the first issue
April 7, 2026(at 3:00 pm)
Target category
Saudi individuals over the age of 18
Minimum subscription limit
SAR 1,000, which is equivalent to the value of one sukuk.
Maximum subscription limit
SAR 200,000 for the total number of issues per individual during the program period.
Yield payment date
The annual yield on the sukuk will be paid on the maturity date.
Sukuk par value
SAR 1,000
Sukuk yield
4.50%
Maturity date
Calendar year
Redemption request
Sukuk holders can request redemption during the periods specified according to the annual calendar published for “Sah”, and the accumulated profit will not be accrued upon early withdrawal.
Financial institutions that provide subscription service
SNB Capital, Al Rajhi Capital, AlJazira Capital, SAB Invest, and Alinma Investment.
Return rate
It depends on market conditions from month to month.
Does the product bear Zakat on behalf of subscribers?
No
Subscription for the April issuance of Sah Sukuk, a Shariah-compliant government bond for individuals, will open tomorrow, April 5.
The sukuk are issued by the Saudi government through the Ministry of Finance and arranged by the National Debt Management Center (NDMC).
The return rate was set at 4.50%, with allocation scheduled for April 14. The redemption period will take place from April 19 to 21, and redemption payments will be disbursed on April 26.
Sah Sukuk is designed for individuals, offering competitive returns and issued monthly according to the issuance calendar. The savings period is one year with fixed returns, and profits are paid upon maturity.
The product is available exclusively to Saudi nationals aged 18 and above, provided they hold an account with one of the following financial institutions: SNB Capital, AlJazira Capital, Alinma Investment, SAB Invest, or Al Rajhi Capital.
Sah Sukuk offers attractive, government-backed returns with low risk. It features an easy subscription process, no redemption restrictions, and no fees.
The initiative aims to help individuals improve financial planning, increase the percentage of regular savers, provide a secure saving method, expand available savings products, and promote a culture of saving.
Sah ProductDetails
Issue type
Sah, which is the first Shariah-compliant savings product intended for individuals in the form of sukuks within the Kingdom’s local SAR-denominated sukuk program.
Start of subscription to the first issue
April 5, 2026(at 10:00 am)
End of subscription to the first issue
April 7, 2026(at 3:00 pm)
Target category
Saudi individuals over the age of 18
Minimum subscription limit
SAR 1,000, which is equivalent to the value of one sukuk.
Maximum subscription limit
SAR 200,000 for the total number of issues per individual during the program period.
Yield payment date
The annual yield on the sukuk will be paid on the maturity date.
Sukuk par value
SAR 1,000
Sukuk yield
4.50%
Maturity date
Calendar year
Redemption request
Sukuk holders can request redemption during the periods specified according to the annual calendar published for “Sah”, and the accumulated profit will not be accrued upon early withdrawal.
Financial institutions that provide subscription service
SNB Capital, Al Rajhi Capital, AlJazira Capital, SAB Invest, and Alinma Investment.
Return rate
It depends on market conditions from month to month.
Does the product bear Zakat on behalf of subscribers?
No
