Islamic Finance
Regulation, Risk & Compliance
Uncategorized
Saudi Ground Services signs $133.3mln murabaha with Saudi British Bank
The Saudi Ground Services Company (SGS) has signed a 500 million Saudi riyals ($133.3 million) murabaha financing agreement with the Saudi British Bank. The credit facility duration is 30 months and the purpose of the loan is to support cash liquidity to cover the working capital required for operational operations,…
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