Logo of Rawasi Albina Investment Co.
Alkhair Capital Saudi Arabia, acting as the sukukholders’ agent for Rawasi Albina Investment Co.’s first sukuk issuance, has called a sukukholders’ meeting for Nov. 12, 2026. 
The meeting will update sukukholders on the unpaid periodic distribution, relevant sukuk terms, and available options, the company said in a statement on Tadawul.
According to Argaamdata, Rawasi completed a public offering of its first SAR-denominated sukuk issuance in March 2025, raising SAR 50 million.
Offering details
Description
Sukuk type
First series of publicly offered, SAR-denominated sukuk
Offering value
SAR 50 million
Total number of sukuk
50,000
Face value per sukuk
SAR 1,000
Sukuk return
Fixed at 10.25% annually, payable semiannually
Term
Five years from the sukuk settlement date
Redemption terms
At maturity on March 10, 2030, the sukuk will be redeemed at 100% of the series’ aggregate face value, subject to any purchase, cancellation, or early redemption
Rawasi announced in September that it was unable to distribute the periodic return on its first sukuk issuance for the period from March 10, 2026, to Sept. 10, 2026, due to the current cash liquidity level.
Earlier this month, Alkhair Capital said it was working to complete the procedures related to the unpaid periodic distribution.
Logo of Rawasi Albina Investment Co.
Alkhair Capital Saudi Arabia, acting as the sukukholders’ agent for Rawasi Albina Investment Co.’s first sukuk issuance, has called a sukukholders’ meeting for Nov. 12, 2026.
The meeting will update sukukholders on the unpaid periodic distribution, relevant sukuk terms, and available options, the company said in a statement on Tadawul.
According to Argaamdata, Rawasi completed a public offering of its first SAR-denominated sukuk issuance in March 2025, raising SAR 50 million.
Offering details
Description
Sukuk type
First series of publicly offered, SAR-denominated sukuk
Offering value
SAR 50 million
Total number of sukuk
50,000
Face value per sukuk
SAR 1,000
Sukuk return
Fixed at 10.25% annually, payable semiannually
Term
Five years from the sukuk settlement date
Redemption terms
At maturity on March 10, 2030, the sukuk will be redeemed at 100% of the series’ aggregate face value, subject to any purchase, cancellation, or early redemption
Rawasi announced in September that it was unable to distribute the periodic return on its first sukuk issuance for the period from March 10, 2026, to Sept. 10, 2026, due to the current cash liquidity level.
Earlier this month, Alkhair Capital said it was working to complete the procedures related to the unpaid periodic distribution.
