Bank AlJazira offers tier 2 sukuk worth $5.3mln

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

  
Image used for illustrative purpose.

Image used for illustrative purpose.

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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.

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