Saudi Arabia opens September ‘Sah’ sukuk with 4.8% annual return

RIYADH: Saudi Arabia has opened subscriptions for its September “Sah” savings sukuk, offering a fixed annual return of 4.80 percent, up from 4.70 percent in August’s issuance. The window opened at 10 a.m. Saudi time on Sept. 6 and closes at 3 p.m. on Sept. 8, according to the National Debt Management Center, or NDMC. The Shariah-compliant sukuk is denominated in Saudi riyals, carries a one-year ma