Saudi Sah Sukuk offers an annual return of 4.97 percent in the August subscription round and therefore marks an increase from July’s 4.88 percent. Furthermore, the subscription opened on August 3 and will remain available until August 5. In addition, it forms part of the 2025 issuance calendar managed by the National Debt Management Center under the Ministry of Finance.
The initiative also aligns with the Financial Sector Development Program, which is a core element of Vision 2030. Moreover, it aims to raise the national savings rate from 6 percent to 10 percent by the decade’s end. As a result, the Saudi Sah Sukuk program promotes disciplined savings and supports stronger personal financial planning across the Kingdom.
In terms of structure, the product is fully Shariah-compliant and denominated in Saudi riyals. Additionally, it has a one-year maturity and offers fixed returns upon redemption. The minimum subscription stands at SR1,000 ($266.58), while the maximum per investor is capped at SR200,000.
Eligible investors must be 18 years or older. Moreover, they can subscribe through approved digital channels, including SNB Capital, Aljazira Capital, Alinma Investment, SAB Invest, and Al-Rajhi Capital. In addition, the Saudi Sah Sukuk follows a lease-based structure to ensure compliance with Shariah principles. However, it is not tradable on the Saudi financial market.
The program is also designed to make saving more accessible. For example, it has zero subscription fees, offers a quick digital onboarding process, and provides flexible redemption terms. Furthermore, investors can withdraw funds during specific windows without losing any principal value. Consequently, this flexibility adds to the appeal of the Saudi Sah Sukuk for a wide range of savers.
The NDMC determines the return rate for each issuance based on prevailing market conditions. Therefore, rates can change monthly, offering opportunities for investors to benefit from favorable adjustments. Additionally, as a low-risk, government-backed product, the sukuk expands the variety of domestic savings tools available to individuals in Saudi Arabia.
Beyond individual benefits, the sukuk also strengthens collaboration between public agencies and private financial institutions. Moreover, this cooperation helps build a stronger national savings culture, improves financial literacy, and encourages greater investment participation.
By combining competitive returns, a secure structure, and easy accessibility, Saudi Arabia continues to strengthen its long-term savings environment. As a result, the program also supports broader economic diversification goals and contributes to overall financial stability.
