Riyad Bank Sukuk Listing Tomorrow
Saudi Tadawul has announced the listing and commencement of trading of Riyad Bank's sukuk from tranche 1 - 2026 starting August 19, 2026, under trading symbol 5027 and international code SA16JG0IEHJ6. This move comes after Riyad Bank completed the issuance and offering of additional capital sukuk worth 10 billion riyals, supported by subscription requests totaling 13.594 billion riyals, exceeding the targeted amount of 5 billion riyals. This resulted in an increase in the final issuance volume. A total of 10 million sukuk were issued, with a nominal value of 1,000 riyals per sukuk, offering an annual return of 6.50%, distributed quarterly. These sukuk are part of the bank’s strategy to strengthen its capital and benefit from strong subscription coverage.
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