Fayou Starts Saudi Riyal Sukuk Issuance

United Views Real Estate Development Company announced the launch of four tranches of its sharia-compliant bonds denominated in Saudi Riyals, with a total value of up to 4 million Riyals. This offering is part of a program aimed at strengthening its financial resources and diversifying its investment base through debt instruments aligned with Islamic principles. The subscription period begins on August 3, 2026, and runs until September 19, 2026, welcoming both individual and institutional investors. Each bond has a nominal value of 1,000 Riyals, with a minimum subscription limit. The issuance is managed by Sukuk Financial Company through its digital platform, reflecting the Saudi market’s move toward digitization and transparency in financing tools.

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