| Introduction | Wafrah for Industrial and Development Company announces the renewal of credit facilities from Riyad Bank under a Sharia-compliant bank financing agreement worth SAR 50,000,000 until May 7, 2026. |
| Date of obtaining the funding | 2025-07-30 Corresponding to 1447-02-05 |
| Financing entity | Riyadh Bank |
| Financing amount. | 50,000,000 KSR |
| Financing duration. | until 07-05-2026 |
| Guarantees offered for the financing | Promissory note |
| Financing objective | An Islamic financing agreement for issuing all types of credits, direct payment of invoices, and financing working capital |
| Related Parties | none |
| Additional Information | Facilities are renewed annually during the term of the agreement |
