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Sukuk and Islamic Finance

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20 October 05:27 PM SAIB plans redemption of SAR 500m sukuk
Riyadh – Mubasher: The Saudi Investment Bank (SAIB) intends to redeem its outstanding SAR 500 million Additional Tier 1 Capital Sukuk on 21 November. The Sukuk was issued through a private placement on 21 November 2016, according to a bourse …
The Sukuk offering is subject to the approval of the competent authority.
5 October 11:28 AM Al Kathiri Holding intends to issue SAR 500m Sharia-compliant Sukuk
Riyadh – Mubasher: Al Kathiri Holding Company has announced its intention to issue local Sharia-compliant Sukuk worth SAR 500 million. The company seeks to market Saudi riyals-denominated Sukuk to accomplish general corporate purposes and meet its …