Al-Modawat said the sukuk offering will run from April 28 to May 12, 2026, subject to market conditions
Al-Modawat Specialized Medical Co. has launched the first tranche of SAR-denominated sukuk valued at SAR 20 million, according to a statement to Tadawul. 
Details
Issue type
SAR-denominated sukuk through an offering via the website of Sukuk Capital, licensed by the Capital Market Authority to offer and invest in debt instruments
Offering value – first tranche
SAR 20 mln
Offering start date
April 28, 2026
Offering end date
May 12, 2026
Targeted investors
Natural and legal persons eligible to subscribe to the sukuk
Entity responsible for managing the issuance
Sukuk Capital, arrangement manager
Minimum subscription
SAR 1,000 per sukuk
Offering price
SAR 1,000 per sukuk
Nominal value
SAR 1,000 per sukuk
The offering end date stated above is the expected closing date and is subject to market conditions.
According to data compiled by Argaam, Al-Modawat recently announced plans to issue SAR-denominated sukuk, worth SAR 30 million, under its sukuk issuance program through a private placement.
Al-Modawat said the sukuk offering will run from April 28 to May 12, 2026, subject to market conditions
Al-Modawat Specialized Medical Co. has launched the first tranche of SAR-denominated sukuk valued at SAR 20 million, according to a statement to Tadawul.
Details
Issue type
SAR-denominated sukuk through an offering via the website of Sukuk Capital, licensed by the Capital Market Authority to offer and invest in debt instruments
Offering value – first tranche
SAR 20 mln
Offering start date
April 28, 2026
Offering end date
May 12, 2026
Targeted investors
Natural and legal persons eligible to subscribe to the sukuk
Entity responsible for managing the issuance
Sukuk Capital, arrangement manager
Minimum subscription
SAR 1,000 per sukuk
Offering price
SAR 1,000 per sukuk
Nominal value
SAR 1,000 per sukuk
The offering end date stated above is the expected closing date and is subject to market conditions.
According to data compiled by Argaam, Al-Modawat recently announced plans to issue SAR-denominated sukuk, worth SAR 30 million, under its sukuk issuance program through a private placement.
