KEIR mulls to issue SAR-denominated sukuk worth SAR 30 mln

KEIR mulls to issue SAR-denominated sukuk worth SAR 30 mln

KEIR International Co. plans to issue Saudi riyals-denominated sukuk through the website of Sukuk Capital that is authorized by the Capital Market Authority (CMA) to offer and invest in debt instruments, the company said in a statement to Tadawul.  The program is valued at SAR 30 million, the statement said, adding that the first installment will be offered in four issuances