Riyadh — Mubasher: View United Real Estate Development Company announced the start of the subscription period for the first and second tranches of its Saudi Riyal-denominated Sukuk program.
Each of the two tranches is valued at SAR 1 million, forming part of a larger private placement program with a total value of SAR 10 million.
The subscription period is scheduled to run from 27 July 2026 until 9 September 2026, according to a bourse filing.
The offering follows the company’s initial announcement regarding the debt issuance on 23 June 2026.
Sukuk Capital, a firm authorized by the Capital Market Authority (CMA), is managing the arrangement and offering through its electronic platform.
According to the disclosure, the Sukuk are priced at a par value of SAR 1,000 per unit, which also serves as the minimum subscription limit.
The offering is open to both natural and legal persons eligible to subscribe under the program terms.
View United Real Estate Development stated that further material developments regarding the issuance will be disclosed in accordance with relevant regulations.
