Alkhair capital, and several international banks, have successfully arranged the best Sukuk deal of the year, in Middle East’s private sector for year 2017. Dar Al-Arkan Real Estate Development Company issued Sukuk of $500m (Apr 2017) due Apr 2022. Dar Al-Arkan won the Private Sector Bond/Sukuk Deal of Year 2017. The award was received during the Bonds, Loans & Sukuk Middle East Awards on the 7th of December in Dubai. The listing of the $500M sukuk on Nasdaq Dubai in April 2017 was 200% oversubscribed. The Sukuk received significant interest from both international and regional market participants. The Managing Director and CEO of Alkhair capital Mr. Khalid Almulhim said that the debt market was active during 2017, especially from government entities, and some semi government companies in the region. Moreover, he expected that the Sukuk issuance will continue at the same momentum during year 2018. Especially from semi government companies and government entities. Mr. AlMulhim, also mentioned that Alkhair capital is currently collaborating with some financing companies, in Saudi Arabia, to arrange for major debt securitization. Alkhair Capital commenced operations in the Kingdom of Saudi Arabia in August 2009, with a paid-up capital of 300,000,000 SAR, it is a closed joint-stock company licensed by Saudi Capital Markets Authority (CMA), to offer full Sharia-compliant services including dealing as principal, agent, underwriting “includes margin lending”, managing, custody, arranging and advising. In 2015 AlKhair Capital acquired the license from Dubai Financial Services Authority (DFSA), and opened Alkhair Capital Dubai at the Dubai International Financial Centre (DIFC), this made AlKhair Capital, the first Saudi Investment Institution registered and licensed by the Saudi Capital Market Authority with licensed operations in DIFC.
29 Nov 2018
AlKhair Capital is the official sponsor of the Kingdom’s 4th International Open Golf Championship
Today Nov 29, 2018 The Kingdom's 4Th international golf tournament will be held in Riyadh under the…
20 Nov 2018
Alkhair Capital sponsored Bond, Loans & Sukuk Saudi Arabia 2018 in Riyadh
Alkhair Capital has successfully sponsored Bond, Loans & Sukuk Conference in Riyadh on 14th of November…
07 Nov 2018
AlKhair Capital successfully structured and launched an investment fund in October amounting to SAR 110 million and covering the food and beverage sector in Saudi.
AlKhair Capital Managing Director and Chief Executive Officer, Mr. Khalid Al-Mulhim announced the successful…
10 Oct 2018
Al Khair Capital has been appointed as the Lead Manager and sole Underwriter for the issuance of the Rights Issue of Saudi Industrial Export Company
Saudi Industrial Exports Company (“Compan”) has been appointed Alkhair Capital Saudi…
02 Sep 2018
Al Khair Capital Saudi Arabia holds a celebration for its employees
Al Khair Capital Saudi Arabia held its Eid Al Adha celebration in Riyadh in the presence of the CEO and…
21 Mar 2018
AlKhair Capital is among the international Banks that have Successfully Closed the Fifth Tranche of Dar Al-Arkan’s USD denominated International Islamic Sukuk Program, Raising SAR 1.875 Billion (USD 500 Million)
Alkhair capital, and several international banks, have successfully closed the Fifth tranche Sukuk issuance of…
18 Mar 2018
Alkhair Capital sponsored REDF Saudi Housing Finance Conference 2018 in Riyadh, in cooperation with Euromoney Conferences.
The REDF Saudi Housing Finance Conference took place in Riyadh, Saudi Arabia on Wednesday 14 March 2018, and…
07 Jan 2018
AlKhair Capital is among the international Banks that have arranged the deal of the year for private sector Sukuk in the Middle East in 2017.
Alkhair capital, and several international banks, have successfully arranged the best Sukuk deal of the year,…