Saudi Real Estate Refinance Company Creates 11 Billion Riyal Sukuk Program

Posted on 12/27/2018


The Riyadh-based Saudi Real Estate Refinance Company plans to issue up to an 11 billion Saudi riyal Islamic bond program in a bid to increase liquidity in Saudi Arabia’s mortgage market. Saudi Real Estate Refinance Co. is a subsidiary of the Public Investment Fund of Saudi Arabia and was formed in 2017 to help increase […]