RIYADH: Saudi Arabia has opened subscriptions for its December issuance of the government-backed “Sah” savings sukuk, offering investors an annual return of 4.68 percent, slightly lower than the 4.71 percent provided in the previous month.
In a post on X, the National Debt Management Center announced that the subscription window opened at 10:00 a.m. Saudi time on Dec. 7 and will close at 3:00 p.m. on Dec. 9.
Part of the 2025 issuance calendar managed by the NDMC, the sukuk reflects the Kingdom’s continued efforts to promote financial inclusion and encourage personal savings.
Launched under the Financial Sector Development Program — a key component of the Vision 2030 agenda — Sah aims to raise the national savings rate to 10 percent by 2030, up from about 6 percent currently.
According to NDMC, the minimum subscription amount is SR1,000 ($266.56), while the maximum is capped at SR200,000 per investor. The sukuk carries a one-year maturity and offers fixed returns paid at redemption.
