Alqemam for Computer Systems Co. Announces the Start of Issuing Sukuk denominated in Saudi Riyals through an offering on the electronic platform of Sukuk Financial Company licensed by the CMA to offer and invest in debt instruments.
Element List | Explanation |
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Introduction | Referring to the announcement by AlQemam Technologies for Computers and Commercial Systems published on the Saudi Exchange (Tadawul) website on 24/10/1444H (14/05/2023G) regarding its intention to issue sukuk denominated in Saudi Riyals through an offering via the electronic platform of Sukuk Financial Company, which is licensed by the Capital Market Authority (CMA) to offer and invest in debt instruments, and following the first tranche valued at SAR 3 million, which was announced on 15/05/2023G,And also the second tranche, with a total value of 4 million Saudi Riyals, which was also announced on 24-06-2025.
AlQemam Technologies for Computers and Commercial Systems is pleased to announce the third and final tranche of the sukuk offering. |
Offer Type | Sukuk denominated in Saudi Riyals through an offering on the electronic platform of Sukuk Financial Company licensed by the CMA to offer and invest in debt instruments. |
Value of the offer | The third and final tranche will be offered with a total value of three million Saudi Riyals (SAR 3,000,000) |
Offering start Date | 2025-08-26 Corresponding to 1447-03-03 |
Offering end Date | 2025-10-26 Corresponding to 1447-05-04 |
The targeted class of the issuance | The sukuk will be offered to natural and legal persons who are eligible to subscribe to sukuk within the Kingdom of Saudi Arabia. |
Name of Issuance Manager | Sukuk Financial Company is the sole lead arranger. |
Minimum Subscription | SAR 1,000 per sukuk. |
Offer Price (Sukuk /Bonds) | SAR 1,000 per sukuk. |
Par Value | SAR 1,000 per sukuk. |
Return (Sukuk /Bonds) | For more information, please visit the website of Sukuk Financial Company at the following link: https://www.sukuk.sa |
Maturity (Sukuk /Bonds) | For more information, please visit the website of Sukuk Financial Company at the following link: https://www.sukuk.sa |
Additional Information | Investors can review additional information and the final terms applicable to the sukuk series by visiting the website of Sukuk Financial Company: https://www.sukuk.sa |
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