Alinma Bank Plans SAR-Denominated AT1 Capital Sukuk
ALINMA 1150.SA | 0.00 |
On April 26, 2026, Alinma Bank announced its intention to issue Additional Tier 1 Capital Sukuk denominated in Saudi Arabian Riyals under its SAR 5,000,000,000 Programme, based on a Board of Directors resolution dated December 24, 2025. The bank has appointed Alinma Capital Company and HSBC Saudi Arabia as Joint Lead Managers for the potential private placement offer. The offer is expected to commence after the release of the bank's Q1 2026 financial statements, with the number and value of Sukuk to be determined based on market conditions. The purpose of the issuance is to strengthen the bank's capital base.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=94655&anCat=1&cs=1150&locale=arImportant Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.
