Money and business
Kingdom Sukuk .. “Religion Administration” closes February 3.071 billion riyals
The National Center for Religion Management announced the completion of receiving investor requests for the local release for the month of February 2025 AD within the Saudi Arabian program in Saudi riyals, where the total amount of allocation was estimated at an amount of 3.071 billion Saudi riyals (three billion and seventy million Saudi riyals).
According to the statement issued by the center, the publications were divided into four segments, the size of the first tranche reached 585 million Saudi riyals (five hundred and eighty -five million Saudi riyals) to be due in 2029 AD.
According to the statement issued by the center, the publications were divided into four segments, the size of the first tranche reached 585 million Saudi riyals (five hundred and eighty -five million Saudi riyals) to be due in 2029 AD.
Kingdom Sukuk
The second tranche reached 1.706 billion Saudi riyals (one billion and seven hundred and six million Saudi riyals) for sukuk worth in 2032 AD.
The third segment amounted to 404 million Saudi riyals (four hundred and four million Saudi riyals) for sukuk worth in 2036 AD, and the fourth segment reached 376 million Saudi riyals (three hundred and seventy six million Saudi riyals) for instruments worth in 2039 AD.
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