Riyadh – Mubasher: Dallah Healthcare Company has obtained a long-term Murabaha loan worth SAR 900 million from Al Rajhi Bank.

The financing facility holds a 10-year duration period from the date of receiving the Sharia-compliant funding on 24 October 2021, according to a bourse filing on Sunday.

The loan is guaranteed by a promissory note worth SAR 886 million from Dallah Healthcare in favour of the Saudi lender.

The medical company aims to finance its future acquisition and expansion plans through this funding.