#Latest news with #AlkhairCapitalZawya04-03-2025BusinessZawyaSaudi Rawasi Albina Investment sells sukuk at 10.25% profit rateSaudi Arabia's Rawasi Albina Investment Co. has sold 50 million riyals ($13.3 million) worth of sukuk at a profit rate of 10.25%, the first in a series of riyal denominated sukuk programme worth a total SAR 500 million. Alkhair Capital was the sole arranger and dealer of the senior, unsecured issuance which was nearly 500% covered. (Writing by Brinda Darasha; editing by Daniel Luiz)
Zawya04-03-2025BusinessZawyaSaudi Rawasi Albina Investment sells sukuk at 10.25% profit rateSaudi Arabia's Rawasi Albina Investment Co. has sold 50 million riyals ($13.3 million) worth of sukuk at a profit rate of 10.25%, the first in a series of riyal denominated sukuk programme worth a total SAR 500 million. Alkhair Capital was the sole arranger and dealer of the senior, unsecured issuance which was nearly 500% covered. (Writing by Brinda Darasha; editing by Daniel Luiz)