ZAWYA-NEWS: Almoosa Health secures $133mln Islamic credit facility

ALMOOSA

ALMOOSA

4018.SA

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First published: 15-Jul-2026 09:49:19

Staff Writer

Saudi-listed Almoosa Health Company has signed an Islamic Shariah-compliant credit facility agreement worth 500 million Saudi riyals ($133.3 million) with Banque Saudi Fransi (BSF) to support its expansion and growth plans.

The financing has a tenure of seven years and is backed solely by a promissory note.

The company said the facility will be used to finance previously announced capital projects and expansion plans.

(Writing by Brinda Darasha; Editing by Seban Scaria)

(brinda.darasha@lseg.com)

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