Logo ofBank AlJazira
Bank AlJazira announced it fully redeemed its $500 million Tier 1 sukuk at nominal value, representing 100% of the issue price, on June 29, 2026. 
The sukuk were issued on June 29, 2021, with a total value of $500 million.
Sukuk Details
Type
USD-denominated Tier 1 sukuk
Value
$500 mln
Percentage of Redeemed Sukuk out of Total Issued Sukuk
100%
Total Redeemed Sukuk
2,500 (based on the minimum denomination and total size)
Issuance Date
June 29, 2021
Trading End Date
June 29, 2026
Face Value at Redemption
$200,000
Redemption Payment Date
June 29, 2026
Logo ofBank AlJazira
Bank AlJazira announced it fully redeemed its $500 million Tier 1 sukuk at nominal value, representing 100% of the issue price, on June 29, 2026.
The sukuk were issued on June 29, 2021, with a total value of $500 million.
Sukuk Details
Type
USD-denominated Tier 1 sukuk
Value
$500 mln
Percentage of Redeemed Sukuk out of Total Issued Sukuk
100%
Total Redeemed Sukuk
2,500 (based on the minimum denomination and total size)
Issuance Date
June 29, 2021
Trading End Date
June 29, 2026
Face Value at Redemption
$200,000
Redemption Payment Date
June 29, 2026
