20 Hrs
Source:
مباشر
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Source: مباشر
20 Hrsمباشر
Source: مباشر
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Bank Aljazira intends to issue Saudi riyal-denominated Tier 2 capital sukuk under a program with a total value of SAR 3 billion, to strengthen its capital base and support its general banking purposes. The sukuk will be offered through a private placement to qualified investors in the Kingdom, subject to obtaining regulatory approvals. The bank’s board had approved proceeding with the issuance on October 13, 2026. The bank appointed Aljazira Capital and Al Rajhi Capital as lead managers and bookrunners. The issuance size, return and maturity have not yet been determined.
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