Riyadh: The National Debt Management Center (NDMC) announced the closure of the May 2025 issuance under the Saudi Arabian Government SAR-Denominated Sukuk Program. The total amount allocated was set at SAR4.081 billion (Four billion and eighty-one million Saudi Riyals).

According to Saudi Press Agency, the Sukuk issuance was divided into four tranches. The first tranche was SAR489 million (Four hundred eighty-nine million Saudi Riyals) with a maturity in 2029. The second tranche amounted to SAR1.004 billion (One billion and four million Saudi Riyals) and is set to mature in 2032.

The third tranche of the issuance was SAR1.288 billion (One billion two hundred eighty-eight million Saudi Riyals), maturing in 2036. The fourth tranche totaled SAR1.300 billion (One billion three hundred million Saudi Riyals) and is scheduled to mature in 2039.