KLA advises Aqaseem on sukuk issuance
KLA advised Aqaseem through successful completion of a SR 500 million Sukuk Issuance Programme. The procedure was regularly completed under the approval of the Saudi Capital Market Authority.
Aqaseem is a Saudi-Arabian company, active in the production of lubricants, oil, solvents, and liquid asphalt insulators for power units.
The team
The KLA team handling the matter was led by co-managing partner and head of corporate & securities Fadi Daher (pictured left), furtherly supported by partner Darwish ElSayed, senior associate Sarah Lahoud, associates Hussain Bu Najimah and Nihal Safi, along with trainee associate Turki Alateeq.
“We are proud to have advised Aqaseem Factory Company on this […] Sukuk Issuance Programme, the first of its kind in 2025” – commented KLA’s managing partner Fawaz Al-Dubaikhi (pictured right).