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Riyadh - Mubasher: Shalfa Facilities Management Company penned a Sharia-compliant credit facility agreement worth SAR 200 million with the Saudi National Bank (SNB) on 25 November 2025.
Valid until 30 September 2026, the loan is secured by a promissory note, according to a bourse filing.
The Islamic financing agreement will be used for issuing bid bonds, performance guarantees, advance payment guarantees, letters of credit, project progress payment financing, and site preparation funding.
Source:
Mubasher
