| Element List | Explanation |
|---|---|
| Introduction | Alqemam for Computer Systems Co. announces its intention to offer Saudi riyal-denominated Murabaha Sukuk under the (Murabaha Sukuk Program). The Company has also appointed Afaq Financial Company as the Sole Arranger for the purposes of establishing, issuing, and offering the Sukuk. |
| Offer Type | Saudi riyal-denominated Sukuk offered through an offering via the electronic platform of Afaq Financial Company, which is licensed by the Capital Market Authority to offer and invest in debt instruments. |
| Date of the board’s decision | 2026-01-13 Corresponding to 1447-07-24 |
| Value of the offer | The program size is ten million (10,000,000), to be offered in 20 tranches, with the first tranche having a value of SAR 500,000. |
| The Purpose of the offer | Supporting the Company’s projects. |
| Approvals | none |
| Additional Information | The offering prospectus for the Sukuk offering can be viewed through the website of Afaq Financial Company. The Company emphasizes the importance of carefully and fully reading the offering prospectus before making any investment decision related to subscribing to the Sukuk. This announcement does not constitute an invitation or an offer to purchase, own, or subscribe to any securities. The Company will announce any other material developments in due course in accordance with the relevant laws and regulations. |