Logo ofBank Aljazira
Bank Aljazira completed the issuance of $500 million in USD-denominated sukuk, offered to qualified investors inside and outside Saudi Arabia, according to a statement on Tadawul. 
The bank added that settlement of the sukuk issuance is scheduled for June 24, 2026.
Details
Issuance Type
USD-denominated Tier 1 capital notes
Offering Size
$500 mln
No. of Offered Sukuk
2,500 (based on minimum currency denomination and total issue volume)
Par Value
$200,000
Return
6.5% annually
Maturity
Permanent, callable after 5 years
Redeem Conditions
The sukuk may be redeemed in certain cases, as detailed in the base offering circular dated Sept. 4, 2025, as supplemented by the first supplement dated June 5, 2026.
Logo ofBank Aljazira
Bank Aljazira completed the issuance of $500 million in USD-denominated sukuk, offered to qualified investors inside and outside Saudi Arabia, according to a statement on Tadawul.
The bank added that settlement of the sukuk issuance is scheduled for June 24, 2026.
Details
Issuance Type
USD-denominated Tier 1 capital notes
Offering Size
$500 mln
No. of Offered Sukuk
2,500 (based on minimum currency denomination and total issue volume)
Par Value
$200,000
Return
6.5% annually
Maturity
Permanent, callable after 5 years
Redeem Conditions
The sukuk may be redeemed in certain cases, as detailed in the base offering circular dated Sept. 4, 2025, as supplemented by the first supplement dated June 5, 2026.
