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Leen Alkhair Trading Co. announces intention to issue Murabaha Sukuks denominated in Saudi Riyals are offered through the website of Dinar Investment Company, which is authorized by the Capital Market Authority to establish a platform for offering and investing in debt instruments.
| Element List | Explanation |
|---|---|
| Introduction | Leen Al Khair Trading Company announces its intention to issue Saudi riyal-denominated Murabaha Sukuks under the Murabaha Sukuk Program. The company has also appointed Dinar Investment Company as the sole arranger for the purposes of originating, issuing, and offering the Sukuks. |
| Offer Type | Murabaha Sukuks denominated in Saudi Riyals are offered through the website of Dinar Investment Company, which is authorized by the Capital Market Authority to establish a platform for offering and investing in debt instruments. |
| Date of the board’s decision | 2025-06-19 Corresponding to 1446-12-23 |
| Value of the offer | The value of the program is twenty million (20,000,000) Saudi riyals. |
| The Purpose of the offer | To enhance the company's working capital and capital expansions to support the company's operational activities and expansion purposes. |
| Approvals | The offering is subject to the approval of relevant regulatory authorities and will be conducted in accordance with relevant rules and regulations. |
| Additional Information | The prospectus for the sukuk offering can be viewed on the website of the sole arranger, Dinar Investment Company, and will be announced at a later date via the following website: https://www.dinar.sa . The company emphasizes the importance of reading the prospectus carefully and in full before making any investment decision related to subscribing to the sukuk. This announcement does not constitute an invitation or offer to purchase, own, or subscribe for any securities. The company will announce any other material developments in due course, in accordance with relevant laws and regulations. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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