Riyadh — Mubasher: View United Real Estate Development Company announced the commencement of the third, fourth, fifth, and sixth tranches of its Saudi Riyal-denominated Sukuk issuance on 3 August 2026, according to a bourse filing.

Each of the four tranches is valued at SAR 1 million, contributing to the company’s total Sukuk program size of SAR 10 million.

The offering is conducted through the digital platform of Sukuk Capital, the authorized arrangement manager for the issuance.

Meanwhile, the subscription period is scheduled to run from 3 August 2026 until 19 September 2026.

The company has set the par value and the minimum subscription limit at SAR 1,000 per certificate.

This private placement is open to both natural and legal persons eligible to subscribe under the program terms.

This issuance follows the company’s initial announcement regarding its intent to issue SAR-denominated Sukuk on 23 June 2026.

View United Real Estate stated that further material developments regarding the issuance will be disclosed in accordance with relevant regulations.