Islamic Finance

Saudi Real Estate Co inks 100 mln riyals Islamic financing with Saudi British Bank


Saudi Real Estate Co. has secured 100 million riyals ($26.67 million) in Islamic financing with Saudi British Bank, the company said in a stock exchange filing on Thursday (Feb 20).

The funds will be used to finance working capital, said the company.

The credit facility duration is for 360 days. 

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Financing