| Element List | Explanation |
|---|---|
| Introduction | With reference to the announcement published by Leen Alkhair Trading Co. on October 26, 2025, regarding the issuance of Murabaha Sukuk denominated in Saudi Riyals through the website of Dinar Investment Company, licensed by the Capital Market Authority under number 24281-37, with the subscription period for companies and individuals commencing on October 23, 2025, and ending on December 7, 2025, and the offering value being (10,000,000) ten million Riyals at a price of 1,000 Riyals per Sukuk, The company wishes to announce that it has filed a complaint with the Capital Market Authority against Dinar Investment Company under number (16264/2025) dated November 18, 2025. This complaint is due to Dinar Investment Company's unilateral and sudden cancellation of Leen AlKhair Trading Company's Sukuk issuance and its failure to transfer the funds collected from subscribers during the Sukuk campaign, in accordance with the agreement concluded with them regarding the arrangement of the Sukuk issuance. |
| Previous Announcement | Leen Alkhair Trading Co. announces the launch of its Murabaha Sukuk issuance denominated in Saudi Riyals through the online platform of Dinar Investment Company, licensed by the Capital Market Authority under number 24281-37. |
| Date of Previous Announcement on Saudi Exchange’s Website | 2025-10-26 Corresponding to 1447-05-04 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | A complaint was filed with the Capital Market Authority against Dinar Investment Company under number (16264/2025) dated 11/18/2025 AD, due to Dinar Investment Company's cancellation of the company's sukuk offering by a sudden, unilateral decision and its failure to transfer the funds collected from subscribers during the sukuk campaign, in accordance with the agreement concluded with them regarding the arrangement of the sukuk issuance. |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | There is no change to the previous cost. |
| Additional Information | The company will announce any further developments regarding this matter in due course. |