Saudi Arabia’s NDMC closes August sukuk issuance at $930m

Saudi Arabia’s NDMC closes August sukuk issuance at $930m

Upworthy

Published

RIYADH: Saudi Arabia’s National Debt Management Center has concluded its riyal-denominated sukuk program issuance for August, with a bid amount totaling SR3.50 billion ($930 million), marking a 33.07 percent increase compared to July 2023. The issuance was executed in two tranches, with the first…

#saudiarabias #ndmc #kingdom #sukuk #shariah #islamic #saudiarabia

Full Article