Naseej Secures SAR 40M Sharia-Compliant Facility from SNB

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NASEEJ TECH

9538.SA

49.10

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Naseej Technology Company announced on December 9, 2025, the signing of a Sharia-compliant credit facilities agreement with the Saudi National Bank. The SAR 40 million financing was obtained on December 8, 2025, and will end on November 30, 2026. The facilities, guaranteed by a promissory note from the company, will finance working capital requirements including issuing letters of guarantee and advance payments.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=91960&anCat=1&cs=9538&locale=ar

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