A Saudi-led marketplace being structured for regulated access to energy-backed bonds, sukuk and certificates.
Issuer, term, rights and disclosures
Independent evidence and ring-fenced pools
Eligibility, bank settlement and reporting
Local governance, data and approvals
Each instrument is designed around its own eligible cash flow, issuer, maturity, risk terms and approval path. No series is cross-collateralized or automatically launched.
A proposed receivables-backed bond or sukuk linked to contracted petroleum cash flows.
A proposed revenue sukuk linked to eligible processing, pipeline or supply cash flows.
A proposed project or offtake sukuk linked to verified milestones and long-term receipts.
A proposed green sukuk linked to eligible power purchase agreements and certified generation.
A proposed verified receivables note linked to eligible certificates, efficiency and service receipts.
The platform is designed as market infrastructure for defined instruments. It is not presented as a speculative currency or an unregulated crypto venue.
An eligible asset owner identifies a contracted cash flow for independent diligence.
A ring-fenced issuer defines the instrument, disclosures, payment waterfall and investor rights.
Eligible participants complete required checks through approved institutions and channels.
Approved cash and asset instructions settle before the verified registry records ownership.
No single entity controls issuance, trading, distribution and settlement.
Proposed Saudi parent and programme sponsor for independently ring-fenced issuer companies.
Proposed neutral venue for admission, registry, matching, transfer and reporting under approved rules.
Proposed onboarding path for approved exchanges, institutions, investors and distributors.
The current programme design proposes no platform fee at setup, no exchange commission on eligible activity inside the approved venue, and a boundary fee only when value converts to or from fiat.
Proposed platform fee
Proposed boundary fee
Eligible Exchange activity
Proposed boundary fee
Prospective institutions, asset owners, advisers, banks, custodians and future eligible investors may register interest in the programme.
Regulation is not a wrapper added after launch. The programme design places legal rights, investor eligibility, Shariah review, approved bank settlement and continuing disclosure ahead of market access.