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Saudi Hollandi Bank issues Sukuk in Saudi Riyals

Wed, 2012-09-12 09:32 — newsdesk

A few days ago, the Board of Directors of Saudi Hollandi Bank has made a decision to issue Sukuk worth SR 1,400 million. The issuance is a private offering aiming to support its capital base by using a Shariah compliant structure. The latter is to be approved by the competent authorities.

Source: 

http://www.zawya.com/story/Saudi_Hollandi_Bank_issues_Sukuk_in_Saudi_Riy...