Saudi British Bank Completes Green Sukuk Offering

Saudi Awwal Bank has completed its green sukuk offer, a Shariah-compliant financial instrument. The bank's green sukuk is a Shariah-compliant bond that aligns with Islamic principles and promotes sustainable finance. Saudi British Bank (SABB) operates in Saudi Arabia, offering a range of banking services and Shariah-approved products. The bank's Treasury segment manages liquidity, currency, and special commission rate risks, as well as funding operations.

Saudi Awwal Bank has successfully completed its green sukuk offer, a Shariah-compliant financial instrument designed to promote sustainable finance and align with Islamic principles. The green sukuk, a type of Shariah-compliant bond, is a significant step towards integrating sustainable practices into the bank's financial offerings [NUMBER:1].

The green sukuk offer is part of Saudi Awwal Bank's commitment to sustainable finance, a growing trend in Islamic banking. The bank's Treasury segment, which manages liquidity, currency, and special commission rate risks, as well as funding operations, has played a crucial role in the successful completion of the offer [NUMBER:1].

Saudi British Bank (SABB), which operates in Saudi Arabia and offers a range of banking services, including Shariah-approved products, has been instrumental in facilitating the green sukuk offer. SABB's expertise in Islamic finance and sustainable banking practices has been invaluable in ensuring the success of the offer [NUMBER:1].

The completion of the green sukuk offer underscores Saudi Awwal Bank's dedication to sustainable finance and its commitment to providing innovative financial solutions that align with Islamic principles. This initiative is likely to attract investors who prioritize ethical and sustainable investment opportunities [NUMBER:1].

References:
[1] https://www.globenewswire.com/news-release/2025/05/12/3079098/0/en/APEX-Capital-Group-Launches-10M-Halal-Real-Estate-Income-Fund.html