Riyadh – Mubasher: The Saudi Exchange (Tadawul) announces the listing and trading of Intelligent Oud (iOud) Credit Enhanced Sukuk at the end of this week.
The listing will commence on 21 May 2026 under the symbol 5026 and ISIN Code SA16I00IEH37, according to an official disclosure.
The prospectus for iOud’s Sukuk program comprises a total program size of SAR 300 million, with Impact46 acting as the Financial Advisor and Sole Arranger of the program.
Credit-enhanced Sukuk are specialized financial instruments where the structure includes mechanisms designed to improve the credit profile of the issuance.
These mechanisms are often employed to provide additional layers of security for investors, potentially leading to more favorable credit terms or higher credit ratings than standard issuances. While the specific financial architecture of this issuance—such as guarantees, collateral, or other credit support—is detailed in the official prospectus, the listing on the Saudi Exchange provides a regulated environment for price discovery and liquidity.
This is essential for both institutional and individual participants seeking to manage risk within the Saudi capital market.
