SHL Finance Secures SAR 200 Million Sharia-Compliant Facility

SHL

1183.SA

0.00

On May 10, 2026, SHL Finance Company announced the signing of a Sharia-compliant credit facility agreement with Sohar International Bank for 200 million Saudi Riyals over a 5-year term. The facility is secured by a promissory note and receivables provided to the bank as collateral. The financing aims to expand the company's sales volume through new originated loans to customers, supporting the company's strategic growth plans.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95186&anCat=1&cs=1183&locale=ar

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.

More This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.