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.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| DARALA 6.75% 2025-02-15 USDDar Al-Arkan Sukuk Company Ltd. | Cayman Islands | 2025-02-15 | 6.750 | 6.46 |
| DARALA 6.88% 2027-02-26 USDDar Al-Arkan Sukuk Company Ltd. | Cayman Islands | 2027-02-26 | 6.875 | 6.37 |
| DARALA 8.00% 2029-02-25 USDDar Al-Arkan Sukuk Company Ltd. | Cayman Islands | 2029-02-25 | 8.000 | 6.79 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Dar Al-Arkan Sukuk has established a strong foothold in the bond market, initially issuing Sukuk in 2008 to finance various real estate developments. Significant issuances include their landmark $500 million Sukuk in 2017, which aimed to restructure existing debt while offering investors competitive yields compared to industry standards. Recently, in 2023, they launched a new $300 million Sukuk with unique features, allowing for periodic profit-sharing, emphasizing investor security in a fluctuating economic environment.