Tadawul Group seeks public feedback on amendments to sukuk, debt instrument direct listing rules

The Saudi Tadawul Group Holding Co. (Tadawul Group) invited the public to send their feedback on the draft amendments to the direct listing of sukuk and offered debt instruments through private placement.

The proposed amendments aim to develop and deepen the sukuk and debt instruments market by introducing new features and improvements to allow the direct listing of offered sukuk and debt instrument through private placement. This also aims to ensure the diversification of investors and issuers base in the listed sukuk and debt instruments market.

The proposed amendments on the listing rules are linked to the draft amendments to the rules on the offer of securities and continuing obligations in regards to regulate the direct listing of offered debt instrument through private placement that were published for public consultation on the Capital Market Authority’s (CMA) website.