| Element List | Explanation |
|---|---|
| Introduction | SHL Finance Company announces the renewal of a Sharia-compliant credit facility agreement with Emirates NBD Bank |
| Date of obtaining the funding | 2026-02-18 Corresponding to 1447-09-01 |
| Financing entity | Emirates NBD |
| Financing amount. | 200 million Saudi Riyals |
| Financing duration. | 5 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 |