Riyadh — Mubasher: Taqat Mineral Trading Company has announced the commencement of a Saudi Riyal-denominated Murabaha Sukuk offering through three tranches, according to a bourse filing.
The issuance is being conducted through the digital platform of Tarmeez Capital, which has been appointed as the sole lead manager for the arrangement and subscription process.
The subscription period for the debt instruments opened on 30 August 2026 and is scheduled to conclude on 1 September 2026.
Meanwhile, the Sukuk are priced at a par value of SAR 1,000 per unit, with the same amount set as the offering price. The first, second, and third tranches are valued at SAR 1 million each.
Targeted at individual, qualified, and institutional investors, the issuance falls under the company’s established Murabaha Sukuk program.
Taqat Mineral Trading advised potential investors to review the base prospectus in full before making investment decisions, noting that further material developments regarding the program will be disclosed in accordance with regulatory requirements.
