Subscription opens for July issuance of Sah product with 4.60% return
Subscription opens for July issuance of Sah product with 4.60% return
Logo of Sah product for government sukuk and dedicated to individuals
Subscription for the July issuance of Sah, a government sukuk product for individuals, begins Sunday, July 5, 2026. Sah is a Sharia-compliant security issued by the Saudi government through the Ministry of Finance and arranged by the National Debt Management Center.
The return is set at 4.60%, allocation will take place on July 14, the redemption period will be from July 19 to July 21, and redemption payments will be made on July 26.
Sah is dedicated to individuals with attractive returns offered monthly according to the issuance calendar. The savings period is one year with a fixed return, and accrued profits are paid at the end of the sukuk's life (maturity date).
The product is exclusively for Saudi males and females aged 18 and above, provided the subscriber has an account with one of the financial institutions: Al Ahli Financial Company, Al Jazira Capital, Alinma Investment, Alawwal Invest, and Al Rajhi Capital.
The product features attractive returns, government backing, low risk, easy subscription, no redemption restrictions, and no fees.
The product aims to enable better financial planning for the future, increase the proportion of individuals who save regularly, provide a safe savings method, increase the supply of savings products, and promote a savings culture.
Details of Sah product
Issuance type
Sah is the first subsidized savings product dedicated to individuals, Sharia-compliant in the form of sukuk under the Saudi local sukuk program in Saudi riyals
Subscription start
July 5, 2026 (10:00 AM)
Subscription end
July 7, 2026 (3:00 PM)
Target group
Saudi males and females aged 18 and above
Minimum subscription
1,000 riyals, equivalent to the value of one sukuk
Maximum subscription
200,000 riyals for total issuances per individual during the program period
Profit distribution date
Annual profit for sukuk will be paid on the maturity date
Face value of sukuk
1,000 riyals
Sukuk return
4.60%
Maturity date
One calendar year
Redemption request
Sukuk holders can request redemption during specified periods according to the published annual calendar of Sah, and accrued profits will not be due upon early withdrawal
Financial institutions providing subscription service
Al Ahli Financial Company, Al Rajhi Capital, Al Jazira Capital, Alawwal Invest, and Alinma Investment
What is the return rate for Sah product?
The return depends on market conditions from month to month
Does Sah bear zakat for savers?
No, Sah does not bear zakat
Saudi sukuk
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Original source: Argaam
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