Bank AlJazira offers tier 2 sukuk worth $5.3m

Bank AlJazira offers tier 2 sukuk worth $5.3m
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Updated 21 November 2021
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Bank AlJazira offers tier 2 sukuk worth $5.3m

Bank AlJazira offers tier 2 sukuk worth $5.3m

RIYADH: Bank AlJazira has opened up its tier 2 sukuk worth SR2 billion ($5.3 million), the bank said in a statement.


The launch began on November 21, 2021 and will run until December 31, 2021.

AlJazira Capital and HSBC Saudi Arabia were appointed as the joint lead managers and bookrunners for the offer, the bank said.