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Asharq Al-Awsat
Asharq Al-Awsat
Business
Riyadh - Asharq Al-Awsat

Saudi Arabia Prepares to Launch Individual Savings Sukuk

Ministry NDMC Center SNB Capital Ministry of Finance Sharif Kingdom National Debt
The Riyadh Economic Forum discusses sectoral coherence in the issuance of tax, fees, and zakat. (Asharq Al-Awsat)

The Saudi Ministry of Finance and the National Debt Management Center (NDMC) are seeking to develop and launch individual savings Sukuk to motivate individuals to design better plans for the future and seek strategic partnerships with the private sector.

The two entities signed a memorandum of understanding (MoU) with SNB Capital to strengthen their collaboration.

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