Logo ofAlinma Bank
Alinma Bankcommenced the issuance of US dollar-denominated sukuk under its Trust Certificate Issuance Program, the bank said in a statement onTadawul.
The offering starts today, July 8, and continues until July 9.
Sukuk Issuance Details
Offer Type
US dollar-denominated sukuk under its Trust Certificate Issuance Program
Offer Value
To be determined as per market conditions.
Start Date
July 8, 2025
End Date
July 9, 2025
Target Class
Qualified investors locally and internationally.
Lead Manager
Abu Dhabi Islamic Bank, Alinma Capital, Emirates NBD, Goldman Sachs, JP Morgan Securities and Standard Chartered as joint lead managers.
Minimum Subscription Limit
$200,000 with increments in multiples of $1,000.
Offer Price
Subject to market conditions
Par Value
$200,000
Sukuk Return
Subject to market conditions
Maturity
Five years
Terms of Redemption
The bank may redeem them in certain cases as detailed in the offering document related to Trust Certificate Issuance Program
The certificates will be listed on the International Securities Market of the London Stock Exchange and may only be sold in accordance with (Regulation S) of the US Securities Act of 1933, as amended, the statement added.
The above-mentioned offering end date is the expected date for the completion of the offering, subject to market conditions, the bank further indicated.
Logo ofAlinma Bank
Alinma Bankcommenced the issuance of US dollar-denominated sukuk under its Trust Certificate Issuance Program, the bank said in a statement onTadawul.
The offering starts today, July 8, and continues until July 9.
Sukuk Issuance Details
Offer Type
US dollar-denominated sukuk under its Trust Certificate Issuance Program
Offer Value
To be determined as per market conditions.
Start Date
July 8, 2025
End Date
July 9, 2025
Target Class
Qualified investors locally and internationally.
Lead Manager
Abu Dhabi Islamic Bank, Alinma Capital, Emirates NBD, Goldman Sachs, JP Morgan Securities and Standard Chartered as joint lead managers.
Minimum Subscription Limit
$200,000 with increments in multiples of $1,000.
Offer Price
Subject to market conditions
Par Value
$200,000
Sukuk Return
Subject to market conditions
Maturity
Five years
Terms of Redemption
The bank may redeem them in certain cases as detailed in the offering document related to Trust Certificate Issuance Program
The certificates will be listed on the International Securities Market of the London Stock Exchange and may only be sold in accordance with (Regulation S) of the US Securities Act of 1933, as amended, the statement added.
The above-mentioned offering end date is the expected date for the completion of the offering, subject to market conditions, the bank further indicated.