First published: 30-Dec-2025 08:17:33
Staff Writer
SHL Finance Company has renewed a Shariah-compliant credit facility worth 427.6 million Saudi riyals ($114 million) with Gulf International Bank (GIB).
The facility aims to expand sales volume by originating new loans to its customers.
The credit facility was renewed on December 29, 2025 for three years and is guaranteed by a promissory note and company receivables.
(Editing by Brinda Darasha; brinda.darasha@lseg.com)
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