Key Information about the Sukuk Programme and First Issuance
| Issuer | Intelligent Oud for Trading (iOud) |
| Instrument Type | Senior Credit-Enhanced Sukuk |
| Programme Size | SAR 300,000,000 |
| Offer Type | Public Offer |
| Currency | Saudi Riyal (SAR) |
| Tenor / Maturity | 5 Years |
| Annual Profit Rate | 10.5% (semi-annual distribution) |
|
Credit Enhancement: A Sukuk Service Reserve Account (SSRA) covering 12 months of profit distributions, supporting any shortfall and contributing to final repayment at maturity. |
|
| Listing & Trading | Listed and traded on the Sukuk & Bonds Market |
| Zakat Treatment | Capital |
| Issue Credit Rating | BBB- (Preliminary) |
| Financial Advisor & Sole Arranger | Impact46 |
Issuer Financial Highlights
Based on FY 2025
SAR 28M
Revenue
80%
Gross Profit Margin
SAR 8M
Operating Profit
SAR 83M
Total Assets
SAR 32M
Total Liabilities
SAR 50M
Total Equity
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Making a subscription decision without carefully reading and fully reviewing the prospectus may involve risks. Accordingly, investors are advised to carefully review the prospectus, which contains detailed information about the issuer, the offering, and the associated risk factors, enabling potential investors to assess the merits of the investment and the risks involved. If any part of the prospectus is unclear, investors are encouraged to seek advice from an authorized financial advisor before making any investment decision.