Riyadh – Mubasher: Alinma Bank plans to issue USD-denominated Additional Tier 1 (AT-1) capital sukuk under the Additional Tier 1 Capital Certificate Issuance program.
The issuance is expected to be carried out through a special purpose vehicle (SPV) via an offering to eligible investors inside and outside Saudi Arabia, according to a bourse filing.
Meanwhile, the amount and terms of the offer will be determined subject to the market conditions.
The lender has mandated Abu Dhabi Islamic Bank (ADIB), Alinma Capital Company, Arqaam Capital Limited, ASB Capital Limited, Citigroup Global Markets Limited, DBS Bank Ltd., Emirates NBD Bank, First Abu Dhabi Bank (FAB), Goldman Sachs International, J.P. Morgan Securities, Mashreq Bank, Standard Chartered Bank, and Warba Bank as joint lead managers.
In the first quarter (Q1) of 2026, the bank’s net profits to the shareholders increased by 11.30% to SAR 1.67 billion from SAR 1.50 billion in Q1-25.
