Riyadh – Mubasher: Alinma Bank announced that investors can subscribe to the additional Tier 1 SAR-denominated Sukuk offering as of 10 June and until 8 July, according to a disclosure to Tadawul on Thursday.

The bank said the minimum subscription value as well as the par value of the perpetual Sukuk issue stand at SAR 1 million each. It will later disclose the number and value of the offering.

A day earlier, the bank announced its plans to issue SAR-denominated additional Tier 1 Sukuk.