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| Issue Type | XXXX |
|---|---|
| Country | Cayman Islands |
| Industry | XXXX |
| Region | XXXX |
| Maturity Date | 2027-02-26 |
| Par Value | 100 |
| Callable | XXXX |
| Next Call Date | XXXX |
| Call Type | XXXX |
| Call Price (%) | XXXX |
| Series | XXXX |
| Class | XXXX |
| Maturity Structure | XXXX |
| Amount Outstanding (mil) | 400.00 |
| Coupon | 6.875 |
|---|---|
| Coupon Type | XXXX |
| Coupon Frequency | XXXX |
| First Coupon Date | XXXX |
| Last Coupon Date | XXXX |
| Sinking Fund | XXXX |
|---|---|
| Security | XXXX |
| Subordination | XXXX |
| Debt Type | XXXX |
| Issue Date | XXXX |
|---|---|
| Dated Date | XXXX |
| Issue Size (mil) | 400 |
| Min. Piece | XXXX |
| Min. Increment | XXXX |
This Dar Al-Arkan Sukuk Company Ltd. corporate medium term notes has a 6.88% fixed rate coupon paid on a semi-annual basis. It was issued on February 26, 2020 with an issue size of 400.00 million USD and matures on February 26, 2027 with a last coupon date of August 26, 2026. |
Dar Al-Arkan Sukuk Company Ltd., founded in Riyadh, Saudi Arabia, aims to provide innovative financing solutions that adhere to Islamic finance principles. The company specializes in issuing Sukuk, an Islamic financial certificate that represents a share in an asset or project, allowing investors to earn returns in a Sharia-compliant manner.