WAJA secures SAR 5M Shariah-compliant facility from BSF

26/11/2023 Argaam
Logo ofWaja Co.

Logo of Waja Co.

WAJA Co. signed on Nov. 26 a SAR 5 million Shariah-compliant credit facility agreement with Banque Saudi Fransi (BSF). 

 

The one-year facility is guaranteed by a promissory note from the company, according to a Tadawul statement. 

 

The funds will go towards letters of guarantee for the company’s projects. 

 

The deal includes no related parties, the statement added. 

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