Armah Sports Secures SAR 110 Million Murabaha Facility

ARMAH

ARMAH

9590.SA

0.00

On May 21, 2026, Armah Sports Company announced signing a SAR 110 million Murabaha financing facility agreement with The Saudi National Bank, compliant with Islamic Sharia terms. The five-year financing facility is secured by promissory note and real estate mortgage, with proceeds designated for working capital requirements and financing equipment, décor, and furniture for clubs.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95634&anCat=1&cs=9590&locale=ar

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