Saudi Investment Bank has opened the books for a private placement of Additional Tier 1 sukuk, tapping investors as part of its broader SAR 5 billion issuance framework aimed at strengthening capital buffers.
The offer will remain available until May 7, 2026, and is restricted to investors who meet the eligibility criteria set by the Saudi market regulator. Each sukuk carries a par value of SAR 1 million, with the minimum subscription threshold fixed at the same level, effectively positioning the deal for institutional and high-net-worth participation.
Alistithmar Capital and Al Rajhi Capital are overseeing the transaction as joint lead managers and bookrunners, coordinating demand for the bank’s capital-boosting instrument.
The move follows the bank’s earlier announcement outlining its plan to issue AT1 sukuk, signalling a proactive effort to reinforce its balance sheet while taking advantage of continued interest in Islamic capital market instruments.
