KM Financial Solutions | Saudi-based Maalem Financing raises 100 mln riyals in debut sukuk
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Saudi-based Maalem Financing raises 100 mln riyals in debut sukuk

Saudi-based Maalem Financing raises 100 mln riyals in debut sukuk

Saudi Arabia’s Maalem Financing has
raised 100 million riyals ($26.6 million) from a debut sale of
Islamic bonds, or sukuk, as the firm seeks to develop a
crowdfunding product and expand its operations, a senior
executive said on Tuesday.

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