Waja renews SAR 25.1M Islamic facilities with Riyad Bank

27/12/2023 Argaam

Waja renews SAR 25.1M Islamic facilities with Riyad Bank

Logo of Waja Co.

Waja Co. inked a contract to renew Shariah-compliant financing facilities with Riyad Bank at SAR 25.05 million, according to a statement to Tadawul.

 

The facility tenor will extend for one year and will be guaranteed by promissory notes.

 

The facility will fund issuing letters of credit for the company’s projects.

 

The contract included no related parties, the statement added.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read