| Element List | Explanation |
|---|---|
| Introduction | Dar Al Arkan Real Estate Development Co. is pleased to announce that it has completely redeemed its $ 400 Million Islamic Sukuk (ISIN XS2491049651- 2026 SERIES 8MTN) |
| Offer Type | Islamic Sukuk Amounting to $400 Million |
| Value of the redeemed (sukuk\ bonds) | 400 million US Dollar |
| Percentage of Redeemed (Bonds/Sukuk) out of Total Issued (bonds/sukuk) | 100 % |
| Number of redeemed (bonds/sukuk) | 400,000 |
| Issuance Date | 2022-07-07 Corresponding to 1443-12-08 |
| Trading End Date | 2026-02-07 |
| Sukuk Par Value at Redemption Date | 1,000 US Dollar |
| Total issuance value after redemption | Nil US Dollar |
| Date of Depositing the Amounts in the (Bonds/Sukuk) Holders Accounts | 2026-02-07 Corresponding to 1447-08-19 |
| Name of the Entity Responsible for the Deposit and Contact Details | HSBC Bank (Paying Agent and Sukuk Holders' Agent) Email: ctla.payingagency@hsbc.com |
| Additional Information | The financial impact of this transaction will appear in the results of Q1, 2026. The company used its internal resources to pay the Sukuk on the due date and transferred the principal to the designated account. DAAR Company would like to thank its investor base, especially all Sukuk holders who participated in this transaction, for their continued trust in DAAR Company, its Board, and its executive management. |