The Union of Arab Securities Authorities, working with Saudi Arabia’s Capital Market Authority and the Financial Academy, ran a training program in Riyadh on developing the sukuk and debt instruments market, held on September 2–3 at the Capital Market Authority’s headquarters. The programme covered debt market structure across bonds and sukuk, including differences between conventional and Islamic instruments in governance and investment performance. It also focused on practical capabilities for designing and issuing debt instruments in line with regulatory and Sharia frameworks, drawing on local and international case studies, and addressed listing and trading mechanisms in the Saudi market, national initiatives to develop the market and encourage private-sector issuance, and digital innovation such as blockchain-based sukuk and bonds. An interactive workshop concluded the programme and produced a practical roadmap for advancing the market.