SHL Finance Company announces the renewal of a Sharia-compliant credit facility agreement with Gulf International Bank | premargin

SHL Finance Company announces the renewal of a Sharia-compliant credit facility agreement with Gulf International Bank

TadawulDecember 29, 2025View on exchange

Element List	Explanation
Introduction	SHL Finance Company announces the renewal of a Sharia-compliant credit facility agreement with Gulf International Bank
Date of obtaining the funding	2025-12-29 Corresponding to 1447-07-09
Financing entity	Gulf International Bank
Financing amount.	427.6 million Saudi Riyals
Financing duration.	3 Years
Guarantees offered for the financing	A promissory note Receivables provided to the bank as security
Financing objective	The purpose of renewing this facility is to expand and increase the company's sales volume through new originated loans to its customers, in line with the company's strategy and future plans.
Related Parties	N/A
Additional Information	The company confirms that the facility agreement is a continuous transaction which carried out in the normal course of business and in accordance with prevailing commercial conditions and without any preferential terms.