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Saudi Arabia to issue sukuk to citizens next year

Saudi Arabia to issue sukuk to citizens next year
The head of the public debt management office, Fahd Al-Saif

By: Mohamed Idris

Riyadh - Mubasher: The general director of the public debt management office of the Saudi Ministry of Finance (MoF), Fahd Al-Saif, said on Tuesday that there is a plan to issue sukuk to the general public in 2017.

The details will be revealed in due time, Al-Saif told Mubasher on the sidelines of the ‘Sukuk Markets, Challenges and Opportunities’ conference in Riyadh, which is organised by the Saudi Capital Market Authority in coordination with the World Bank.