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 Saudi licensed banks receive approval to participate in Saudi Riyal Sukuk Program

The Debt Management Office (DMO) at the Ministry of Finance (MoF), Kingdom of Saudi Arabia is pleased to announce that it has completed receiving all requirements from Saudi licensed banks (below)
1- Alawwal Bank
2- Alinma Bank
3- Al Rajhi Bank
4- Arab National Bank 
5- Bank AlBilad
6- Bank AlJazira
7- Banque Saudi Fransi
8- Gulf International Bank
9- Riyad Bank
10- Samba Financial Group (SAMBA)
11- Saudi Investment Bank
12- The National Commercial Bank
13- The Saudi British Bank
 enabling their participation in the Government of Saudi Arabia Saudi Riyal Sukuk Program. The DMO would like to thank to all Saudi licensed banks and extend special thanks to Alinma bank who assisted with Sukuk structuring. 
It is noted that the establishment of the sukuk program and the issuance under it  is subject to MoF discretion pursuant to the authority granted under the royal decree.

Last Update : 7/25/2017 6:04 PM