Almarai Honored with “Corporate Sukuk Deal of the Year” at GBM Awards Saudi Arabia 2026

Almarai, the region’s leading food and beverage company, has been recognized at the Global Banking & Markets (GBM) Awards: Saudi Arabia 2026, winning the prestigious “Corporate Sukuk Deal of the Year” for its USD 500 million Series III Sukuk issuance. Celebrating the company’s excellence, innovation and leadership in corporate sukuk, the award marks a new milestone for Almarai and underscores its ongoing commitment to financial excellence, strong governance and long-term value creation.

The GBM Awards, established in 2014, are independently determined and honor the most innovative and impactful transactions in the region’s capital markets. Widely regarded as a benchmark for excellence in the financial industry, GBM’s “Corporate Sukuk Deal of the Year” category highlights landmark corporate sukuk transactions that demonstrate excellence in structure, execution, and market impact. Almarai is receiving the award for the third year, following its successful participation in 2020 and 2024.

Almarai’s Series III Sukuk issuance, executed in September 2025, was structured to align with international best practices and the requirements of both regional and global investors. The proceeds support Almarai’s capital expenditure program, a long-term growth and food security investment plan designed to expand capacity, strengthen vertical integration, and support regional expansion. The issuance attracted strong demand from a broad base of institutional investors, both within the Kingdom and internationally.  

The offering was oversubscribed, with the final order book exceeding USD 1.6 billion - more than three times the issuance size (figures subject to client verification prior to publication).This recognition by GBM reinforces Almarai’s position as a credible and leading corporate issuer in the Kingdom’s capital markets, boosting investor confidence and further elevating the company’s financial strength.

Almarai continues to exhibit strong financial discipline and market leadership, with a robust balance sheet and a clear strategy to diversify funding sources and optimize its capital structure. The company’s proactive approach to capital markets has enabled it to access both conventional and Islamic financing, positioning Almarai as a trusted partner for investors and stakeholders alike.