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Al-Khair Capital Calls Ruwasi Sukuk Holders for November 12 Meeting
Alkhair Capital Saudi Arabia has invited the Raweesi Al-Bina'a Sukuk Holders (First Series) to attend a meeting scheduled for November 12, 2026, via modern technological means. The purpose of the meeting is to discuss updates regarding the outstanding distribution amount and related provisions, along with clarifying the options available to the sukuk holders. The voting results will be communicated within 14 days. If the quorum is not achieved within 15 minutes of the start of the meeting, the meeting will be postponed for a period ranging from 30 to 45 days, with prior notice given before the postponement. This follow-up comes after Raweesi announced on September 30 that it had not paid the due sukuk distribution amount.
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