| Element List | Explanation |
|---|---|
| Introduction | Saudi Electricity Company has signed a Shari’ah-compliant Murabaha financing facility with a total committed amount of SAR 16 billion. |
| Date of obtaining the funding | 2026-02-11 Corresponding to 1447-08-23 |
| Financing entity | 1. Saudi National Bank 2. Al Rajhi Banking and Investment Corporation 3. Saudi Awwal Bank 4. Banque Saudi Fransi 5. Arab National Bank 6. Riyad Bank 7. Qatar International Islamic Bank |
| Financing amount. | SAR 16,000,000,000 |
| Financing duration. | 3 years (with an extension option subject to the terms of the agreement) |
| Guarantees offered for the financing | None |
| Financing objective | To refinance indebtedness under the existing Murabaha facility. |
| Related Parties | Saudi National Bank. |
| Additional Information | None |
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