‎Alinma Bank starts to issue AT1 sukuk

‎Alinma Bank starts to issue AT1 sukuk ‎Alinma Bank starts to issue AT1 sukuk

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Logo ofAlinma Bank

Alinma Banksaid it started today, May 3, to issue SAR-denominated additional Tier 1 (AT1) sustainable sukuk, according to a statement toTadawul.

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Issuance Details

Type

SAR-denominated additional Tier 1 sukuk, under its Additional Tier 1 Capital Sukuk Program

Offering Value

Subject to market conditions

Start Date

May 3, 2026

End Date

May 17, 2026

Target Investors

Institutional and qualified investors

Issuance Manager

Alinma Capital and HSBC Saudi Arabia

Minimum Subscription Value

SAR 1 mln

Offering Price

Subject to market conditions

Nominal Value

SAR 1 mln

Return

Subject to market conditions

Maturity

Perpetual sukuk with no fixed maturity date

Redemption Terms

The debt instruments may be redeemed prior to the scheduled record date in certain cases, as detailed in the offering circular

The bank emphasized that this announcement does not constitute an invitation or offer to purchase, acquire, or subscribe to any securities, and remains subject to the terms and conditions of the sukuk issuance. It also stated that any material developments will be disclosed to shareholders in due course.

The aforementioned closing date is indicative and may change depending on market conditions.

In April, Alinma Bank announced its intention to issue SAR-denominated Additional Tier 1 (AT1) capital sukuk under its sukuk program, with a total issuance size of SAR 5 billion.

 

Logo ofAlinma Bank

Alinma Banksaid it started today, May 3, to issue SAR-denominated additional Tier 1 (AT1) sustainable sukuk, according to a statement toTadawul.

Issuance Details

Type

SAR-denominated additional Tier 1 sukuk, under its Additional Tier 1 Capital Sukuk Program

Offering Value

Subject to market conditions

Start Date

May 3, 2026

End Date

May 17, 2026

Target Investors

Institutional and qualified investors

Issuance Manager

Alinma Capital and HSBC Saudi Arabia

Minimum Subscription Value

SAR 1 mln

Offering Price

Subject to market conditions

Nominal Value

SAR 1 mln

Return

Subject to market conditions

Maturity

Perpetual sukuk with no fixed maturity date

Redemption Terms

The debt instruments may be redeemed prior to the scheduled record date in certain cases, as detailed in the offering circular

The bank emphasized that this announcement does not constitute an invitation or offer to purchase, acquire, or subscribe to any securities, and remains subject to the terms and conditions of the sukuk issuance. It also stated that any material developments will be disclosed to shareholders in due course.

The aforementioned closing date is indicative and may change depending on market conditions.

In April, Alinma Bank announced its intention to issue SAR-denominated Additional Tier 1 (AT1) capital sukuk under its sukuk program, with a total issuance size of SAR 5 billion.

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