BinDawood Secures SAR 217.8M Murabaha Financing

BINDAWOOD

BINDAWOOD

4161.SA

0.00

On June 15, 2026, BinDawood Holding Company announced obtaining a Sharia compliant Murabaha financing of 217.8 million Saudi Riyal from Arab National Bank and Emirates NBD Bank. The one-year revolving facility will fund the acquisition of 51% of the shares of Vaza food Company, with no bank guarantees offered for the financing.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96100&anCat=1&cs=4161&locale=ar

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