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Home Saudi Arabia Saudi Investment Bank to launch $1.5 billion sukuk

Saudi Investment Bank to launch $1.5 billion sukuk

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The issue size and final terms of these Sukuk will be determined later, based on market movements and current developments.

Saudi Investment Bank intends toOpening a new door to investment through the issuance of$1.5 billion in dollar-denominated sukuk, which will be available to a select group ofInvestors.

The issue size and final terms of these Sukuk will be determined later, based on market movements and current developments.

The bank confirmed that this offering comes within the framework of its efforts to enhance its financial resources and meet its strategic ambitions.

 

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