US EditionPublished • loading... • Updated
Al Rajhi Bank raises $1bn through tier 1 sukuk at 6.15% yield in Saudi Arabia
Summary by intellinews.com
3 Articles
3 Articles
Al Rajhi Bank raises $1bn through tier 1 sukuk at 6.15% yield in Saudi Arabia
Al Rajhi Bank raises $1bn through additional tier 1 social sustainable sukuk at 6.15% yield as Saudi Arabia's largest Islamic lender bolsters capital position following tenth consecutive quarter of record profits.
·Berlin, Germany
Read Full Article
Riyadh, January 8, 2026 - Al Rajhi Bank aims to enhance its capital through a sukuk issuance. The bank raised $1 billion from the issuance of additional capital sukuk, with an annual return of 6.15%. In a statement released on Tadawul (the Saudi Stock Exchange) today, Thursday, Al Rajhi clarified that the sukuk are socially sustainable and redeemable after five years. The sukuk will be listed on the London Stock Exchange and can be sold under Re…
Coverage Details
Total News Sources3
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
Factuality
To view factuality data please Upgrade to Premium
