Logo ofAl Rajhi Bank
The planned issuance follows resolutions approved by the bank’s board of directors on Dec. 15, 2021, June 23, 2025, and Feb. 19, 2026. 
The Sukuk are expected to be issued through a special purpose vehicle and offered to eligible investors in Saudi Arabia and abroad, according to a statement to Tadawul today, Sept. 3.
The size and terms of the offering will be determined based on market conditions.
The issuance aims to support the bank’s financial and strategic objectives under its sustainable finance framework.
The bank has appointed Al Rajhi Capital, Arqaam Capital ltd, Banco Bilbao Vizcaya Argentaria (BBVA), S.A., Citigroup Global Markets ltd, Intesa Sanpaolo S.p.A., London Branch, Morgan Stanley Co. International plc, SMBC Bank International plc, Standard Chartered Bank, and Warba Bank as joint lead managers and joint bookrunners for the potential offering.
The Sukuk offering is subject to approval from the relevant regulatory authorities and will be conducted in accordance with applicable laws and regulations, the statement added.
Logo ofAl Rajhi Bank
The planned issuance follows resolutions approved by the bank’s board of directors on Dec. 15, 2021, June 23, 2025, and Feb. 19, 2026.
The Sukuk are expected to be issued through a special purpose vehicle and offered to eligible investors in Saudi Arabia and abroad, according to a statement to Tadawul today, Sept. 3.
The size and terms of the offering will be determined based on market conditions.
The issuance aims to support the bank’s financial and strategic objectives under its sustainable finance framework.
The bank has appointed Al Rajhi Capital, Arqaam Capital ltd, Banco Bilbao Vizcaya Argentaria (BBVA), S.A., Citigroup Global Markets ltd, Intesa Sanpaolo S.p.A., London Branch, Morgan Stanley Co. International plc, SMBC Bank International plc, Standard Chartered Bank, and Warba Bank as joint lead managers and joint bookrunners for the potential offering.
The Sukuk offering is subject to approval from the relevant regulatory authorities and will be conducted in accordance with applicable laws and regulations, the statement added.
