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Fiou launches initial Sukuk tranches worth two million riyals
United View Real Estate Development Company announced the launch of the first two tranches of its sukuk issuance program denominated in Saudi Riyals. The total value of each tranche is one million Riyals, aimed at diversifying funding sources and supporting expansion plans. The subscription period begins today, July 27, 2026, and will continue until September 9, 2026. The offering is managed through the Sakuk Financial Platform, with the nominal value and offering price set at 1,000 Riyals per sukuk. The sukuk are targeted at qualified individual and institutional investors. Details regarding yields, maturity periods, redemption terms, and conditions are available for investors to review on the company's platform before making their decision.
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