Sukuk

Saudi Arabia attracts $16.5bn in orders for $3.25bn sukuk sale 
  • Saudi Arabia raised $3.25 billion through a two-tranche sukuk issuance, attracting approximately $16.5 billion in orders, indicating strong investor demand.
  • The sukuk issuance was part of the Kingdom's Global Trust Certificate Issuance Program, marking its second international offering based on an Ijarah leasing structure.