Successful redemption of Sukuk Amounting to USD 400 Million
DAR ALARKAN 4300.SA | 18.03 | +0.06% |
ALBILAD SOVEREIGN SUKUK ETF 9403.SA | 8.53 | -0.12% |
ALINMA GOVERNMENT SUKUK ETF 9404.SA | 10.68 | 0.00% |
| DAR ALARKAN REAL ESTATE DEVELOPMENT COMPANY ANNOUNCES REPAYMENT OF ITS ISLAMIC SUKUK (2026 SERIES 8 MTN) DUE 07TH OF FEBRUARY 2026 AMOUNTING TO SAR 1.500 BN (US$400M) Dar Al-Arkan Real-Estate Development Company (DAAR) is pleased to announce that it has completed the repayment of its SAR 1.500 bn (US$400m) Sukuk (ISIN # XS2491049651; due 2026 series 8 mtn), due on Saturday 07th of February 2026.
It is worth noting that the company used its internal resources to pay the Sukuk on due date and transferred the principal and profit to the designated account. The Sukuk account holders received funds on Monday 09 February 2026. |
| DAAR would like to thank its investor base, specifically all the Sukuk-holders who participated in this transaction, for repeatedly placing their trust in DAAR, its board, and its executive management. |
DAR ALARKAN REAL ESTATE DEVELOPMENT COMPANY ANNOUNCES REPAYMENT OF ITS ISLAMIC SUKUK (2026 SERIES 8 MTN) DUE 07TH OF FEBRUARY 2026 AMOUNTING TO SAR 1.500 BN (US$400M)
