Albilad Capital signs an agreement with the Ministry of Finance and the National Debt Management Center to appoint it as a distribution primary dealer for government sukuk instruments

.

Albilad Capital signed an agreement by the Ministry of Finance and the National Debt Management Center to appoint it as a distribution primary dealer for local government sukuk instruments, thus joining other local financial institutions that have previously joined the primary dealers program and international financial institutions.

This step is a continuation of Albilad Capital's ongoing commitment and endeavors  to contribute in the development of the local Debt Capital Markets and providing valuable investment opportunities and diverse financial instruments to its clients.

Under this agreement, Albilad Capital will submit subscription applications for local government sukuk instruments in the primary market to the National Debt Management Center on a scheduled monthly basis, facilitating clients access to this type of investment product.

​

This agreement aligns with Albilad Capital's strategy to provide innovative and comprehensive financial solutions and diverse products. It also emphasizes the role of the National Debt Management Center in enhancing and sustaining the access to local Debt Capital Markets through diversifying investors base.​​