The Saudi Investment Bank announced on May 3, 2026 the completion of its SAR-denominated Additional Tier 1 Capital Sukuk offering under its sukuk programme through private placement in Saudi Arabia. The issuance totaled SAR 1,850,000,000 comprising 1,850 sukuk certificates with a par value of SAR 1,000,000 each. The perpetual sukuk carry a 6.50% per annum fixed rate payable semi-annually, with the return rate subject to reset on specified dates and early redemption provisions as detailed in the offering circular.

Original announcement:

Important 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.