On June 28, 2026, Derayah Financial Company announced the signing of a Sharia-compliant credit facility agreement worth SAR 300 million with The Arab National Bank. The facility, obtained on June 25, 2026, is valid until October 31, 2026 and is renewable, secured against a promissory note. The financing will support Derayah's core operating activities including the expansion of its brokerage services and product suite. Additionally, the company renewed its existing SAR 54 million Sharia-compliant credit facilities with the same bank, bringing total credit facilities with The Arab National Bank to SAR 354 million.

Original announcement:

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.