{"id":98536,"date":"2025-07-08T00:00:00","date_gmt":"2025-07-08T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/07\/08\/alinma-bank-is-gearing-up-for-usd-denominated-sukuk-issuance\/"},"modified":"2025-07-08T00:00:00","modified_gmt":"2025-07-08T00:00:00","slug":"alinma-bank-is-gearing-up-for-usd-denominated-sukuk-issuance","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/07\/08\/alinma-bank-is-gearing-up-for-usd-denominated-sukuk-issuance\/","title":{"rendered":"Alinma Bank is gearing up for USD-denominated sukuk issuance"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning<\/strong>. The news cycle grounded to a near-halt this morning, with uncertainty back to being the name of the game in regional and global markets after renewed US tariff threats and Houthi attacks in the Red Sea.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In today\u2019s issue: <\/strong>The PIF is reportedly investing in a USD 1 bn NYC tower with US-based Related Cos, Sab Invest is targeting USD 266 mn for its first MENA-focused private credit fund, and a deep-dive in Tadawul\u2019s 1H performance as well as progress on the Kingdom\u2019s Liquid Fuel Displacement Program. Let\u2019s dive in.<\/p>\n<p class=\"tag-border-left\">HAPPENING TODAY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The subsc<\/strong><strong>ription window for Riyad Bank\u2019s <\/strong><strong>USD-denominated tier 2 trust certificates <\/strong><strong>wraps up <\/strong><strong>today<\/strong>, the lender said in a <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=88643&anCat=1&cs=1010&locale=en\" style=\"\" rel=\"noopener\">disclosure to Tadawul<\/a>. The offering kicked off yesterday, with a minimum subscription of USD 200k per investor and additional increments of USD 1k, targeting to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/68e1b4bc-2436-4b73-9c57-4be80511b48a\/this-morning:-opec%2B-accelerates-output-hikes-for-august\" style=\"\" rel=\"noopener\">raise funds from local and international investors<\/a> for \u201cgeneral banking purposes.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>The trust certificates \u2014 set to be listed on the International Securities Market of the London Stock Exchange \u2014 have a maturity of 10 years, with a call option after five years. Price per unit and returns will be determined at a later stage.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS:<\/strong> The bank tapped Standard Chartered, HSBC, Merrill Lynch International, JP Morgan Securities, SMBC Group, Mizuho International, DBS Bank, and Riyad Capital as joint lead managers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\"> WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a> <\/strong><strong>Alinma Bank is gearing up to issue USD-denominated sukuk to local and international<\/strong> <strong>investors under its Trust Certificate Issuance Program<\/strong>, it said in <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=88642&anCat=1&cs=1150&locale=en\" style=\"\" rel=\"noopener\">a disclosure<\/a> to Tadawul. The price and terms of the paper will be subject to market conditions, with the potential proceeds earmarked for general banking purposes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS- <\/strong>The lender enlisted Abu Dhabi Islamic Bank, Alinma Capital Company, Dubai Islamic Bank, Emirates NBD Bank, Goldman Sachs International, JP Morgan Securities, and Standard Chartered Bank as joint lead managers on the transaction.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a> Saudi-Moroccan shipping line could slash transport time by more than a quarter:<\/strong> The proposed Saudi-Moroccan shipping line \u2014 which would operate between Jeddah and Tangier \u2014 aims to reduce the time it takes to transport goods between Morocco and the Kingdom from four weeks to five days, head of the Moroccan-Saudi Business Council Khaled Benjelloun told <a target=\"_blank\" href=\"https:\/\/asharqbusiness.com\/economics\/88887\/%D9%85%D8%A7%D8%B0%D8%A7-%D9%8A%D8%B9%D9%86%D9%8A-%D9%85%D8%B4%D8%B1%D9%88%D8%B9-%D8%A7%D9%84%D8%AE%D8%B7-%D8%A7%D9%84%D8%A8%D8%AD%D8%B1%D9%8A-%D8%A7%D9%84%D9%85%D8%A8%D8%A7%D8%B4%D8%B1-%D8%A8%D9%8A%D9%86-%D8%A7%D9%84%D9%85%D8%BA%D8%B1%D8%A8-%D9%88%D8%A7%D9%84%D8%B3%D8%B9%D9%88%D8%AF%D9%8A%D8%A9\/\" style=\"\" rel=\"noopener\">Asharq Business<\/a>. While trade between the two countries is improving on an annual basis, it faces several challenges, \u201cmost notably the absence of a direct sea line,\u201d Benjelloun added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next?<\/strong> The activation of the direct shipping link hinges on the findings of a feasibility study \u2014 with the respective transport authorities expected to deliver the final sign-off. Several businessmen from each country stressed the need for government backing to launch the line, as \u201cit will be unprofitable at first,\u201d Benjelloun said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI-<\/strong> Saudi and Moroccan officials <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/b4a5e341-1bb5-455e-b5db-0b8153c9a67a\" style=\"\" rel=\"noopener\">agreed to look into<\/a> launching a maritime link connecting the two kingdoms as part of an effort to boost bilateral trade and investment in the food, renewables, and tourism sectors last month. The new link comes as the pair look to boost their trade from USD 1.6 bn in 2024 to USD 5 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Twenty-two people onboard a commercial vessel have been rescued by an AD <\/strong><strong>Ports-operated ship following a distress call<\/strong>, after it came under attack by the Houthis in the Red Sea, UAE\u2019s state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bkkaqcs-uae-rescues-crew-british-ship-attacked-red-sea\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The vessel \u2014 Magic Seas \u2014 was attacked by gunfire, rockets, and explosive-laden remote-controlled boats, and the Houthis claimed it had sunk following the attack, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/europe\/ship-risk-sinking-after-first-houthi-red-sea-attack-this-year-2025-07-07\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The incident marks the end of a period of calm<\/strong>, following a series of Houthi attacks that had disrupted shipping last year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">DATA POINTS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a> <\/strong><strong>#1-<\/strong> <strong>Saudi Arabia we<\/strong><strong>lcomed<\/strong><strong> 18.5 m<\/strong><strong>n international pi<\/strong><strong>lgrims in 2024<\/strong>, including 1.6 mn for hajj and 16.9 mn for umrah, double the number of umrah performers in 2022, according to the Pilgrim Experience Program\u2019s <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/7\/413.pdf\" style=\"\" rel=\"noopener\">annual report (pdf)<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Saudi investors\u2019 total transactions in the US stock market increased 164% y-o-y in 1Q <\/strong><strong>2025<\/strong>, to hit a record high of SAR 164.3 bn, <a target=\"_blank\" href=\"https:\/\/www.argaam.com\/en\/article\/articledetail\/id\/1826031\" style=\"\" rel=\"noopener\">Argaam<\/a> reports, citing data from the Capital Market Authority.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">OIL WATCH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Goldman Sachs <\/strong><strong>expects eight Opec+ members to increase oil production quotas by 550k <\/strong><strong>bbl \/ d in September<\/strong>, completing the reversal of the 2.2 mn bbl \/ d voluntary cuts, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/goldman-sachs-expects-opec-members-increase-oil-production-by-550000-bpd-2025-07-07\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports, citing a note from the bank. The move would bring the group\u2019s production to some 33 mn bbl \/ d by September. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The bank kept its Brent crude forecast unchanged at USD 59 \/ bbl for 4Q this year and <\/strong><strong>USD 56 \/ bbl for next year. <\/strong>The forecast reflects a balancing act between lower-than-expected supply from producers like Russia and shrinking spare capacity \u2014 both supportive of prices \u2014 against downside pressures from a potential rollback of the 1.65 mn bbl \/ d Opec+ post-pandemic cuts and a 30% probability of a US recession. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Goldman also flagged upside risks to demand<\/strong>, projecting global oil consumption to increase by 600k bbl \/ d this year and by 1 mn bbl \/ d next year. Key drivers include strong demand from China, sustained global economic momentum, and further depreciation of the greenback. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Opec+ agreed to raise production by <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/68e1b4bc-2436-4b73-9c57-4be80511b48a\" style=\"\" rel=\"noopener\">548k bbl \/ d in August<\/a>, accelerating its plan to return supply to the market and exceeding analyst expectations<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">SPORTS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1-<\/strong><strong>Messi on A<\/strong><strong>l Ahli\u2019s radar<\/strong><strong>?<\/strong> Al Ahli embarked on talks to sign Lionel Messi as a free agent once his contract with Inter Miami ends in December, <a target=\"_blank\" href=\"https:\/\/www.lequipe.fr\/Football\/Actualites\/Mercato-le-club-saoudien-d-al-ahli-est-entre-en-discussions-avec-lionel-messi\/1576028\" style=\"\" rel=\"noopener\">L\u2019Equipe<\/a> reported. This is the second time a Saudi-based club has attempted to sign the eight-time Ballon d\u2019Or holder and Fifa World Cup champion, following a USD 1.76 bn offer by Al Hilal Saudi Club in 2023. No further details were shared.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Al Riyadh <\/strong><strong>gets new head coach:<\/strong> Al Riyadh SC tapped Javier Calleja as its new head coach as it gears up for the upcoming <a target=\"_blank\" href=\"https:\/\/www.spl.com.sa\/en\/news\/753771\/al-riyadh-appoint-spaniard-javier-calleja\" style=\"\" rel=\"noopener\">Saudi Pro League<\/a> season, replacing Bandar Al Kubaishan. The 47-year-old Spaniard had a prolific career in his native country, leading Villarreal CF, Deportivo Alav\u00e9s, Levante UD, and most recently Real Oviedo.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"ksa\/en\/user\/NewsLetters\" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>***<\/strong><strong>You\u2019re reading EnterpriseAM Saudi<\/strong>, your essential daily roundup of business, economics, and must-read news about Saudi, delivered straight to your inbox. We\u2019re out Sunday through Thursday by 7am Riyadh time.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EnterpriseAM Saudi is available without charge <\/strong>thanks to the generous support of our friends at Tas\u2019heel.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to send us a story idea<\/strong>, request coverage, ask for a correction, or otherwise get in touch? Reach out to us on <a target=\"_blank\" href=\"mailto:climate@enterprisemea.com\" style=\"\" rel=\"noopener\">saudi@enterpriseAM.com<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DID YOU KNOW <\/strong>that we also cover <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\" style=\"\" rel=\"noopener\">Egypt<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\" rel=\"noopener\">the UAE<\/a>, the MENA <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\" style=\"\" rel=\"noopener\">logistics<\/a> and  <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\" style=\"\" rel=\"noopener\">climate<\/a>  industries?<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Were you forwarded this email? <\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">Tap or click here<\/a> to get your own copy of EnterpriseAM Saudi delivered every weekday.<br \/><strong>***<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY ABROAD- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Most of the attention has returned to the revival of US President Donald Trump\u2019s tra<\/strong><strong>de war<\/strong>, as the US began sending countries letters, including Japan and South Korea \u2014 two of the US\u2019 biggest trade partners \u2014 with their reciprocal tariffs, with the two Asian countries getting hit with a 25% tariff as of 1 August. Others like Kazakhstan, Myanmar, and Laos were slapped with a 40% tariff. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The letters reportedly hinted at the potential for trade talks to resume<\/strong>, possibly even beyond the 1 August deadline, but also threatened a tariff hike in case tariffs are raised on US exports. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/eus-von-der-leyen-had-good-exchange-with-trump-over-phone-commission-says-2025-07-07\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/eus-von-der-leyen-had-good-exchange-with-trump-over-phone-commission-says-2025-07-07\/\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/613678ac-2e61-436b-9d0f-2a8f85a20dee\" style=\"\" rel=\"noopener\">Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.cnn.com\/2025\/07\/07\/economy\/trump-letters-tariffs\" style=\"\" rel=\"noopener\">CNN<\/a>) <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- Trump threatens 10% tariff on Brics-aligned nations: <\/strong>Trump said that countries aligned with the \u201canti-American policies of Brics\u201d will face an extra 10% in tariffs with \u201cno exceptions\u201d in a <a target=\"_blank\" href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/114809574296066307\" style=\"\" rel=\"noopener\">post on Truth Social<\/a>. The warning followed a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/7\/401.pdf\" style=\"\" rel=\"noopener\">joint statement (pdf)<\/a> by Brics leaders criticizing tariff hikes, deeming them a threat to global trade and inconsistent with World Trade Organization regulations. A source familiar with the matter later downplayed the threat, saying it\u2019s not a blanket threat against Brics nations, but on any of the countries agreeing policies deemed \u201canti-American.\u201d (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/china\/leaders-growing-brics-group-gather-rio-summit-2025-07-06\/\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meanwhile, Israeli Prime Minister Benjamin Netanyahu was hosted by Trump <\/strong>at the White House, with talks focusing on the potential ceasefire Trump hinted could be reached this week. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/netanyahu-meet-trump-white-house-israel-hamas-discuss-ceasefire-2025-07-07\/\" style=\"\" rel=\"noopener\">Reuters<\/a>) <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- The death toll from the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/29f0c837-99c9-4a5c-a51e-caee02773f9d\/this-morning:-brookfield-eyes-palm-hotel-+-no-golden-visas-for-crypto-investors\" style=\"\" rel=\"noopener\">floods in Texas<\/a><\/strong><strong> \u2014 now deemed one of the deadliest in the country\u2019s history \u2014 has exceeded 100<\/strong> as search efforts continue. (<a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/us-news\/live\/2025\/jul\/07\/texas-floods-rescue-teams-search-missing-more-heavy-rains-forecast-latest-news-updates\" style=\"\" rel=\"noopener\">Guardian<\/a> | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/us-news\/climate-environment\/texas-braces-for-more-flash-floods-as-rescuers-search-for-survivors-a144ad31?mod=hp_lead_pos7\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/live\/2025\/07\/07\/us\/texas-floods\" style=\"\" rel=\"noopener\">New York Times<\/a>) <\/p>\n","protected":false},"excerpt":{"rendered":"<p>PLUS: Saudi-Moroccan line to cut shipping time down to five days<\/p>\n","protected":false},"author":1,"featured_media":98537,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2540],"tags":[3915,57,10,9],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-98536","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-alinma","tag-debt-watch","tag-enterpriseam-ksa","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"1f35edd9-ecae-4cba-9051-6f4591146eae","order":"2","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/10\/2276.jpg","photo_position":"above","homepage_title":"","full_issue_title":"THIS MORNING: Alinma Bank is gearing up for USD-denominated sukuk issuance","related_issue":[98534],"teaser":"PLUS: Saudi-Moroccan line to cut shipping time down to five days","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/7\/.97904bd8-f4cb-4244-8d4f-6b79b512fcbd.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Alinma Bank is gearing up for USD-denominated sukuk issuance - KSA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/ksa\/2025\/07\/08\/alinma-bank-is-gearing-up-for-usd-denominated-sukuk-issuance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alinma Bank is gearing up for USD-denominated sukuk issuance\" \/>\n<meta property=\"og:description\" content=\"PLUS: Saudi-Moroccan line to cut shipping time down to five days\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/ksa\/2025\/07\/08\/alinma-bank-is-gearing-up-for-usd-denominated-sukuk-issuance\/\" \/>\n<meta property=\"og:site_name\" content=\"KSA\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-08T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2276.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/07\/08\/alinma-bank-is-gearing-up-for-usd-denominated-sukuk-issuance\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/07\/08\/alinma-bank-is-gearing-up-for-usd-denominated-sukuk-issuance\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Alinma Bank is gearing up for USD-denominated sukuk issuance\",\"datePublished\":\"2025-07-08T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/07\/08\/alinma-bank-is-gearing-up-for-usd-denominated-sukuk-issuance\/\"},\"wordCount\":1369,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/07\/08\/alinma-bank-is-gearing-up-for-usd-denominated-sukuk-issuance\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2276.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Alinma\",\"debt watch\",\"EnterpriseAM KSA\",\"WHAT WE\u2019RE TRACKING TODAY\"],\"articleSection\":[\"WHAT WE\u2019RE TRACKING TODAY\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/07\/08\/alinma-bank-is-gearing-up-for-usd-denominated-sukuk-issuance\/\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/2025\/07\/08\/alinma-bank-is-gearing-up-for-usd-denominated-sukuk-issuance\/\",\"name\":\"Alinma Bank is gearing up for USD-denominated sukuk issuance - KSA\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/07\/08\/alinma-bank-is-gearing-up-for-usd-denominated-sukuk-issuance\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/07\/08\/alinma-bank-is-gearing-up-for-usd-denominated-sukuk-issuance\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2276.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-07-08T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/07\/08\/alinma-bank-is-gearing-up-for-usd-denominated-sukuk-issuance\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/ksa\/2025\/07\/08\/alinma-bank-is-gearing-up-for-usd-denominated-sukuk-issuance\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/07\/08\/alinma-bank-is-gearing-up-for-usd-denominated-sukuk-issuance\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2276.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2276.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/07\/08\/alinma-bank-is-gearing-up-for-usd-denominated-sukuk-issuance\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/ksa\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Alinma Bank is gearing up for USD-denominated sukuk issuance\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#website\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/\",\"name\":\"KSA\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/ksa\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\",\"name\":\"KSA\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42482.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42482.svg\",\"caption\":\"KSA\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Alinma Bank is gearing up for USD-denominated sukuk issuance - KSA","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/ksa\/2025\/07\/08\/alinma-bank-is-gearing-up-for-usd-denominated-sukuk-issuance\/","og_locale":"en_US","og_type":"article","og_title":"Alinma Bank is gearing up for USD-denominated sukuk issuance","og_description":"PLUS: Saudi-Moroccan line to cut shipping time down to five days","og_url":"https:\/\/enterpriseam.com\/ksa\/2025\/07\/08\/alinma-bank-is-gearing-up-for-usd-denominated-sukuk-issuance\/","og_site_name":"KSA","article_published_time":"2025-07-08T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2276.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/ksa\/2025\/07\/08\/alinma-bank-is-gearing-up-for-usd-denominated-sukuk-issuance\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/07\/08\/alinma-bank-is-gearing-up-for-usd-denominated-sukuk-issuance\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Alinma Bank is gearing up for USD-denominated sukuk issuance","datePublished":"2025-07-08T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/07\/08\/alinma-bank-is-gearing-up-for-usd-denominated-sukuk-issuance\/"},"wordCount":1369,"publisher":{"@id":"https:\/\/enterpriseam.com\/ksa\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/07\/08\/alinma-bank-is-gearing-up-for-usd-denominated-sukuk-issuance\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2276.jpg?fit=%2C&ssl=1","keywords":["Alinma","debt watch","EnterpriseAM KSA","WHAT WE\u2019RE TRACKING TODAY"],"articleSection":["WHAT WE\u2019RE TRACKING TODAY"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/ksa\/2025\/07\/08\/alinma-bank-is-gearing-up-for-usd-denominated-sukuk-issuance\/","url":"https:\/\/enterpriseam.com\/ksa\/2025\/07\/08\/alinma-bank-is-gearing-up-for-usd-denominated-sukuk-issuance\/","name":"Alinma Bank is gearing up for USD-denominated sukuk issuance - KSA","isPartOf":{"@id":"https:\/\/enterpriseam.com\/ksa\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/07\/08\/alinma-bank-is-gearing-up-for-usd-denominated-sukuk-issuance\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/07\/08\/alinma-bank-is-gearing-up-for-usd-denominated-sukuk-issuance\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2276.jpg?fit=%2C&ssl=1","datePublished":"2025-07-08T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/07\/08\/alinma-bank-is-gearing-up-for-usd-denominated-sukuk-issuance\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/ksa\/2025\/07\/08\/alinma-bank-is-gearing-up-for-usd-denominated-sukuk-issuance\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/ksa\/2025\/07\/08\/alinma-bank-is-gearing-up-for-usd-denominated-sukuk-issuance\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2276.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2276.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/ksa\/2025\/07\/08\/alinma-bank-is-gearing-up-for-usd-denominated-sukuk-issuance\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/ksa\/"},{"@type":"ListItem","position":2,"name":"Alinma Bank is gearing up for USD-denominated sukuk issuance"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/ksa\/#website","url":"https:\/\/enterpriseam.com\/ksa\/","name":"KSA","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/ksa\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/ksa\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/ksa\/#organization","name":"KSA","url":"https:\/\/enterpriseam.com\/ksa\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42482.svg","contentUrl":"https:\/\/ent.news\/internal\/42482.svg","caption":"KSA"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2276.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2276.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2276.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts\/98536","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/comments?post=98536"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts\/98536\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/issue\/98534"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/media\/98537"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/media?parent=98536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/categories?post=98536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/tags?post=98536"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/brand?post=98536"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=98536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}