Launch Partners

Wednesday, November 29, 2023

Launch Partners

Al Rajhi Bank to issue US dollar-denominated sustainable Sukuk

SAUDI ARABIA: Al Rajhi Bank has announced its plan to issue a US dollar-denominated senior unsecured sustainable Sukuk facility through an SPV under its international Sukuk program that was established on the 26th April 2022, according to a bourse filing.

The amount and terms of the Sukuk facility will be determined based on market conditions.

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