{"id":109270,"date":"2026-05-21T00:00:00","date_gmt":"2026-05-21T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/?p=109270"},"modified":"2026-05-21T03:13:08","modified_gmt":"2026-05-21T03:13:08","slug":"dar-al-arkan-raises-usd-600-mn-alinma-bank-kicks-off-a-new-sukuk-issuance","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2026\/05\/21\/dar-al-arkan-raises-usd-600-mn-alinma-bank-kicks-off-a-new-sukuk-issuance\/","title":{"rendered":"Dar Al Arkan raises USD 600 mn + Alinma Bank kicks off a new sukuk issuance"},"content":{"rendered":"

Private <\/strong>sector companies and domestic banks are tapping into <\/strong>international funding to keep the wheel turning<\/strong>, as Alinma Bank and Dar Al Arkan take further steps in their USD debt offerings.<\/p>\n

#1- Dar Al Arkan <\/strong>closed<\/a><\/strong> a USD 600 mn sukuk issuance<\/strong>, locking in long-term capital for its project pipeline. The five-year notes carry a 7.25% annual return, with the final order book peaking at SAR 5.61 bn (USD 1.5 bn). The notes are listed on the London Stock Exchange and Nasdaq Dubai.<\/p>\n

ADVISORS-<\/strong> The company tapped Abu Dhabi Commercial Bank, Abu Dhabi Islamic Bank PJSC, Al Rayan Investment, Arqaam Capital, Dubai Islamic Bank, Emirates NBD Capital, First Abu Dhabi Bank, JP Morgan, Mashreq, Sharjah Islamic Bank, Standard Chartered Bank, and Warba Bank as joint lead managers and bookrunners.<\/p>\n

\n

\n

#2- Alinma Bank is also kicking off a USD-denominated sustainable AT1 sukuk issuance<\/strong>, with a minimum subscription of USD 200k callable after 5.5 years. The final pricing and size are still subject to market conditions. This issuance follows an SAR-denominated issuance made earlier this month<\/a> under an existing SAR 5 bn program.<\/p>\n

ADVISORS-<\/strong>The bank tapped Abu Dhabi Islamic Bank, Alinma Capital, Arqaam Capital, ASB Capital, Citi, DBS Bank, Emirates NBD Capital, First Abu Dhabi Bank, Goldman Sachs, JPMorgan, Mashreq, Standard Chartered, and Warba Bank as joint lead managers.<\/p>\n","protected":false},"excerpt":{"rendered":"

Alinma Bank and Dar Al Arkan are issuing USD-denominated 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