On August 25, 2026, BinDawood Holding Company announced the securing of a Sharia-compliant Murabaha Financing facility totaling SAR 542 million from Banque Saudi Fransi and Gulf International Bank. The financing, with a duration of 3 to 5 years, is intended to fund the acquisition of dairy production operations assets of AS E-Piim Tootmine in Estonia, executed through the company's wholly owned subsidiary, JUUST & JUBN OÜ. No bank guarantees were provided in connection with this financing arrangement, and no related parties are involved.

Original announcement:

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