Shalfa obtains SAR 200m loan from SNB

Riyadh - Mubasher: Shalfa Facilities Management Company penned a Sharia-compliant credit facility agreement worth SAR 200 million with the Saudi National Bank (SNB) on 25 November 2025.

Valid until 30 September 2026, the loan is secured by a promissory note, according to a bourse filing.

The Islamic financing agreement will be used for issuing bid bonds, performance guarantees, advance payment guarantees, letters of credit, project progress payment financing, and site preparation funding.

Mubasher Contribution Time: 26-Nov-2025 16:13 (GMT)
Mubasher Last Update Time: 26-Nov-2025 16:13 (GMT)