The Finance Ministry closed its SAR 8.04 bn domestic sukuk offering for September, according to a Tuesday statement from the National Debt Management Center. The issuance comes under the government’s SAR-denominated sukuk program.

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The issuance featured five tranches:

  • A two-year tranche of SAR 1.24 bn;
  • A four-year tranche of SAR 1.05 bn;
  • A seven-year tranche of SAR 795 mn;
  • An 11-year tranche of SAR 1.27 bn;
  • A 14-year tranche of SAR 3.68 bn.

The debt status: The Kingdom’s total public debt stood at SAR 1.39 tn at the end of 2Q 2025, with domestic debt amounting to SAR 871.3 bn and external debt reaching SAR 515.1 bn. EFG Hermes is expecting total public debt to close the year at around 30% of GDP, it said in a research note seen by EnterpriseAM last month.

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