Riyadh, Saudi Arabia – The Capital Market Authority (CMA) has announced its approval of Bidaya Finance Company’s request to register and publicly offer debt instruments under a new issuance program with a total value of up to SAR 1 billion.
In its statement, the CMA confirmed that the prospectus will be published prior to the subscription period. The document will include all key information for potential investors, including the company’s financial statements, detailed business overview, management information, and the complete terms and conditions of the Sukuk issuance program.
Earlier this year, in April 2025, Bidaya Finance’s Board of Directors approved the authorization to issue and offer Sharia-compliant Sukuk worth up to SAR 1 billion. This program represents Bidaya Finance’s third Sukuk initiative, following two prior programs with a combined total value of SAR 1.5 billion. Of that amount, SAR 1.35 billion was successfully offered and fully repaid, with the final repayment completed in August 2023.
With this latest CMA approval, the total value of Bidaya Finance’s Sukuk programs now stands at SAR 2.5 billion, underscoring the company’s continued commitment to diversifying its funding sources and strengthening its financial position through Islamic capital market instruments.
Riyadh, February 12, 2026, SPA — Riyadh will host the second annual Education Global Exhibition (EDGEx 2026) from May 3 to 5 at the Ritz-Carlton Hotel. Held under the theme “Human Is the Future,” the exhibition reflects the Kingdom of Saudi Arabia’s commitment to advancing an integrated educational ecosystem that places investment in human capital at its core, in alignment with Saudi Vision 2030 and the Human Capability Development Program (HCDP). The exhibition runs concurrently with the Human Capability Initiative (HCI) conference 2026, held under the patronage of His Royal Highness Prince Mohammed bin Salman bin Abdul