‎Alinma Bank plans USD-denominated AT-1 sukuk issue

‎Alinma Bank plans USD-denominated AT-1 sukuk issue ‎Alinma Bank plans USD-denominated AT-1 sukuk issue

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The offering value and terms will be determined based on market conditions, Alinma Bank said

Alinma Bankplans to issue perpetual, USD-denominated Additional Tier 1 (AT-1) capital sukuk, following a board decision, dated Dec. 24, 2025.

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The board authorized the CEO to issue perpetual AT-1 capital sukuk under its capital sukuk issuance program, the bank said in a statement to Tadawul.

The issuance is expected to be carried out through a special purpose vehicle (SPV) via an offering to eligible investors inside and outside Saudi Arabia.

Abu Dhabi Islamic Bank (ADIB), Alinma Capital, Arqaam Capital, ASB Capital, Citigroup, DBS, Emirates NBD, First Abu Dhabi Bank , Goldman Sachs, J.P. Morgan, Mashreqbank (via its Islamic banking), Standard Chartered, Warba Bank were mandated as lead managers.

 

The offering value and terms will be determined based on market conditions, Alinma Bank said

Alinma Bankplans to issue perpetual, USD-denominated Additional Tier 1 (AT-1) capital sukuk, following a board decision, dated Dec. 24, 2025.

The board authorized the CEO to issue perpetual AT-1 capital sukuk under its capital sukuk issuance program, the bank said in a statement to Tadawul.

The issuance is expected to be carried out through a special purpose vehicle (SPV) via an offering to eligible investors inside and outside Saudi Arabia.

Abu Dhabi Islamic Bank (ADIB), Alinma Capital, Arqaam Capital, ASB Capital, Citigroup, DBS, Emirates NBD, First Abu Dhabi Bank , Goldman Sachs, J.P. Morgan, Mashreqbank (via its Islamic banking), Standard Chartered, Warba Bank were mandated as lead managers.

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