Saudi Arabia’s National Debt Management Center raised SR2.26 billion ($605 million) through its latest sukuk issuance. The January offering was split into five tranches, including SR410 million maturing in 2031, SR338 million in 2033, and SR101 million in 2036. Sukuk are Shariah-compliant instruments that provide asset-linked returns instead of interest-based payments. More Read @ Arab News
