01:27 AM EST, 11/05/2026 (MT Newswires) -- AlJazira Bank (SASE:1020) launched its Saudi riyal-denominated tier 2 capital sukuk offering through a private placement on Thursday, according to a same-day release. The offering will have a minimum subscription of 1 million Saudi riyals, with the amount, offering price, and terms to be based on market conditions. The offering period will close on Dec. 6. The 10-year sukuk is callable after five years.

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