Riyadh – Mubasher: JP Morgan, HSBC, Citibank, and BNP Paribas are on the list of banks participating in the marketing of the Kingdom’s first international sukuk denominated in US dollars, the Saudi Ministry of Finance said.

The ministry added that Deutsche Bank and NCB Capital are also among the participating banks, according to Aleqtisadiah newspaper.

In October, Saudi Arabia raised $17.5 billion through issuing international US dollar-denominated bonds.