Alinma Bank plans to issue additional Tier 1 sukuk

Logo of Alinma Bank

Alinma Bank announced its intention to issue SAR-denominated additional Tier 1 sukuk, under its Additional Tier 1 Capital Sukuk Program that is valued at SAR 5 billion.

In a statement on Tadawul, the bank said the move follows a board resolution dated Dec. 24, 2025, authorizing the Managing Director and CEO to exercise all necessary powers on behalf of the bank to establish the program and issue sukuk from time to time.

The bank appointed Alinma Investment Co. and HSBC Saudi Arabia as joint lead managers for the potential private placement, noting that the issuance is expected to commence after the announcement of its financial results for the three-month period ended March 31.

The potential issuance remains subject to applicable laws and regulations, the bank stressed, noting that this announcement does not constitute an invitation or offer to purchase, own, or subscribe to any securities.

It added that the issuance will be subject to the terms and conditions of the sukuk, and that any further material developments will be announced in due course.