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Element List	Explanation
Introduction	Mobile Telecommunication Company Saudi Arabia “Zain KSA” announces the signing of a Murabaha Facility Agreement amounting to SAR 5.5 billion with a consortium of 5 banks: Al Rajhi Bank, Arab National Bank, The Saudi National Bank, Riyad Bank, and Gulf International Bank.
Date of obtaining the funding	2025-09-14 Corresponding to 1447-03-22
Financing entity	Al Rajhi Bank, Arab National Bank, The Saudi National Bank, Riyad Bank, and Gulf International Bank.
Financing amount.	SAR 5,500,000,000
Financing duration.	Five-year tenor, with a one-year grace period and a repayment schedule ending in 30/09/ 2030.
Guarantees offered for the financing	Promissory note.
Financing objective	The company will use the proceeds of the facility as per the following: 1. Pay its existing Murabaha facilities amounting SAR 4.7 billion, which is maturing by 30/09/2025. 2. Pay the receivables discounting facility amounting SAR 500 million, which is maturing by 30/09/2025. 3. The remaining amount of SAR 300 million will be withdrawn in line with the company’s operational and investment needs. The new agreement has more favorable commercial terms and flexible conditions.
Related Parties	None
Additional Information	This new facility will be effective on 30/09/2025. Also, this long-term facility came after detailed and productive discussions with the consortium. This facility shows the confidence of the financial institutions in Zain KSA financial strength, credit worthiness and its ability to meet its financial obligations.

Mobile Telecommunication Company Saudi Arabia “Zain KSA” Announces the Signing of a SAR 5.5 billion Murabaha Facility Agreement.