Training program on “Development of the Sukuk and Debt Instruments Market”- Riyadh

The Union of Arab Securities Authorities (UASA), in cooperation with the Capital Market Authority, and the Financial Academy in the Kingdom of Saudi Arabia, organized a training program on “Development of the Sukuk and Debt Instruments Market” held on September 2nd and 3rd at the CMA headquarters in Riyadh.


The training program aimed to build a comprehensive understanding of the structure of the debt instruments market, including both bonds and sukuk, while distinguishing between conventional and Islamic instruments in terms of governance and investment performance. It further focused on enhancing participants’ skills in designing and issuing debt instruments in line with regulatory and Sharia frameworks, supported by case studies from local and international markets. The sessions also covered listing and trading mechanisms in the Saudi market, alongside national initiatives to develop the market and encourage private sector issuance, before exploring digital innovation through blockchain-based sukuk and bonds. The program concluded with an interactive workshop that resulted in a practical roadmap for advancing the market and strengthening its role in supporting the national economy.