‎Al Rajhi Bank plans USD-denominated AT1 capital sukuk

‎Al Rajhi Bank plans USD-denominated AT1 capital sukuk ‎Al Rajhi Bank plans USD-denominated AT1 capital sukuk

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Al Rajhi Bank announced its intention to issue US dollar-denominated Sukuk social additional tier 1 capital Sukuk under its international additional tier 1 capital Sukuk program, which was established by the bank on April 18, 2024.
According to a statement released on Tadawul, the bank expects the Sukuk to be issued through a special purpose vehicle and offered to qualified investors inside and outside the Kingdom.

 

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Al Rajhi Bank announced its intention to issue US dollar-denominated Sukuk social additional tier 1 capital Sukuk under its international additional tier 1 capital Sukuk program, which was established by the bank on April 18, 2024.
According to a statement released on Tadawul, the bank expects the Sukuk to be issued through a special purpose vehicle and offered to qualified investors inside and outside the Kingdom.
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