Saudi Arabia closes savings round of its Sah bonds for February

Feb 14, 2024 · RIYADH — The savings round of Saudi Arabia’s first Shariah-compliant and government-backed sukuk (Sah) for the month of February came to end with a total volume of requests reaching SR861 million ($229.5 million). A total of 35,000 Saudis turned out to gain …

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Saudi Arabia Closes Savings Round Of Its Sah Bonds For February

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Saudi Arabia Launches February ‘Sah’ Savings With 4.94% Return

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1 day ago · JEDDAH: Saudi Arabia has launched the second round of its subscription-based savings product, Sah, for 2025, offering a competitive return of 4.94 percent for February. …

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Saudi Arabia Closes Savings Round Of Its Sah Bonds For February At ...

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Saudi Arabia concluded its February savings round for Shariah-compliant government Sah bonds, attracting SR861 million ($229.5 million). Approximately 35,000 Saudis invested in the bonds …

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Saudi Arabia’s First Sukuk Savings Round For February Closes At …

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Feb 14, 2024 · RIYADH: Saudi Arabia has concluded its first government sukuk savings round for February, with a total volume of requests reaching SR861 million ($229.5 million), fully …

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Saudi Arabia’s First Sukuk Savings Round For February Closes At …

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Feb 14, 2024 · RIYADH: Saudi Arabia has concluded its first government sukuk savings round for February, with a total volume of requests reaching SR861 million ($229.5 million), fully …

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KSA’s 1st Sukuk Savings Round For February Closes At $229.5m

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Feb 15, 2024 · PressReader. Catalog; For You; Arab News. KSA’s 1st sukuk savings round for February closes at $229.5m 2024-02-15 - Arab News Riyadh . Saudi Arabia has concluded its …

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Saudi Arabia’s First Sukuk Savings Round For February Closes At …

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Feb 15, 2024 · Saudi Arabia's inaugural government sukuk offering for February concluded with $229.5 million fully subscribed by 35,000 applicants. ... Saudi Arabia’s first sukuk savings …

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Saudi Arabia Launches February ‘Sah’ Savings With 4.94% Return

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audi Arabia has launched the second round of its subscription-based savings product, Sah, for 2025, offering a competitive return of 4.94 percent for February. Issued by the Ministry of …

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Saudi Arabia’s First Sukuk Savings Round For February Closes At

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RIYADH: Saudi Arabia has concluded its first government sukuk savings round for February, with a total volume of requests reaching SR861 million ($229.5 million), fully allocated to 35,000 …

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Mar 10, 2024 · JEDDAH: Saudi Arabia has launched the second round of its subscription-based savings product, Sah, for 2025, offering a competitive return of 4.94 percent for February.

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Sep 1, 2024 · Saudi Arabia launches 7th round of ‘Sah’ savings product with 5.31% return Bonds will be distributed to investors on Sept. 10 Subscriptions for Sah start at a minimum amount of …

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FAQs about Saudi Arabia closes savings round of its Sah bonds for February Coupon?

What time does Saudi Arabia's 'Sah' bond issuance start?

Shutterstock RIYADH: Saudi Arabia has launched the subscription to its first savings product dedicated to individuals – Sah – with a yield reaching 5.64 percent on the first issuance. Registration for the Islamic-compliant bond, issued by the Ministry of Finance, started on Sunday, Feb. 4, at 10 a.m. and will end on Tuesday, Feb. 6, at 3 p.m. ...

Are Sah bonds a savings product?

The Sah bonds are organized by the National Debt Management Center and designed as a savings product for individuals, offering attractive returns. Shutterstock RIYADH: Saudi Arabia has launched the subscription to its first savings product dedicated to individuals – Sah – with a yield reaching 5.64 percent on the first issuance. ...

What time does a SAH bond start & end?

Registration for the Islamic-compliant bond, issued by the Ministry of Finance, started on Sunday, Feb. 4, at 10 a.m. and will end on Tuesday, Feb. 6, at 3 p.m. The Sah bonds are organized by the National Debt Management Center and designed as a savings product for individuals, offering attractive returns. ...

Does Saudi Arabia have a sr37 billion investment gap?

JEDDAH: Saudi Arabia has unveiled an SR37 billion ($10 billion) investment gap in its agriculture sector, urging the private sector to seize this opportunity to enhance production and infrastructure. ...

Is the yield fixed for each issuance of SAH?

The yield is fixed for each issuance. What is the minimum subscription amount for Sah? The minimum is SR1,000, equivalent to the value of one bond. What is the maximum subscription amount for Sah? ...

What is Sah?

What is “Sah”? Sah is the first savings product specifically designed for individuals and compliant with Islamic Shariah in the form of bonds under the Kingdom’s local bonds program in Saudi riyals. What is the purpose of issuing Sah? ...