Sah Subscription Starts Today with 4.7% Yield
Today marks the start of subscription for the August issuance of the "Saḥ" product, a government sukuk aimed at individuals, issued by the Kingdom of Saudi Arabia through the Ministry of Finance and in accordance with Shariah principles. The product offers a fixed return of 4.70%. Allocation will take place on August 11th, with the redemption period running from August 16th to 18th, and payments to be made on the 23rd of the same month. The product is available to Saudi men and women over 18 years old who hold accounts with certain financial institutions. It features attractive returns, is government-backed, carries low risk, has no fees, and provides a safe, supported savings option for future financial planning.
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