Bank Al-Rajhi Issues 5B Capital Sukuk
Riyad Bank has announced the launch of additional capital sukuk worth 5 billion riyals, as part of a total program amounting to 10 billion riyals, with an annual yield of 6.5%. This move aims to strengthen the bank's capital and finance future expansions. The issuance process will continue until July 21, 2026. The issuance of these sukuk will enhance the bank's financing capabilities and improve its financial position in both the local and international markets.
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