Al Rajhi Bank Finalizes $600 Million Tier 2 Social Trust Certificates Offer

05:10 AM EDT, 09/06/2026 (MT Newswires) -- Al Rajhi Bank (SASE:1120) said Sunday that it concluded its offering of tier 2 social trust certificates totaling $600 million. The lender offered 3,000 sukuk at a par value of $200,000 apiece, with a return of 6.232% per annum. The sukuk, which will mature in 10.5 years, will be settled on Thursday.