Credit Advisory

Credit Advisory
  |  
08.03.2026

Impact46 Announces Prospectus for Bidaya Financing Sukuk Program as Lead Arranger and Co-Financial Advisor

05 Mar 2026
  |  
5pm
  |  
Riyadh

The prospectus for Bidaya Financing Company’s sukuk program, with a total program size of up to SAR 1 billion, has been made available as announced by Impact46, acting as the lead arranger and co-financial advisor for the programme. .

The program involves the issuance of sukuk through a public offering denominated in Saudi Riyals and listed and traded on the Saudi Exchange (Tadawul). The sukuk represent senior unsecured instruments with a maturity of three years and is zakat free..

The issuer carries a local credit rating of BBB- (sau) from Fitch Ratings, while Impact46 serves as the lead arranger and c-financial advisor for the sukuk program.

For full details, including the program terms, issuance structure, and the issuer’s financial information, please refer to the sukuk program page via the link below.

🔗 View the Sukuk Program Page