RIYADH: Saudi Arabia launched the September subscription window for its government-backed “Sah” savings sukuk, offering investors a fixed annual return of 4.88 percent.
The subscription period opened at 10 a.m. on Sept. 7 and is available exclusively to Saudi nationals aged 18 and above through approved platforms including SNB Capital, Aljazira Capital, Alinma Investment, SAB Invest, and Al-Rajhi Capital, according to the National Debt Management Center.
As with earlier offerings, the product is Shariah-compliant, denominated in riyals, and carries a one-year maturity, with fixed returns paid at redemption. Minimum subscription is SR1,000 ($266) and capped at SR200,000 per individual.
The sukuk, part of the 2025 issuance calendar managed by the Finance Ministry’s NDMC, is designed to deepen the domestic savings market and widen financial inclusion.
Launched under the Financial Sector Development Program, a core element of Vision 2030, Sah targets lifting the national savings rate to 10 percent by 2030, from about 6 percent to date.
