Islamic Finance
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Saudi-listed Elm renews $133mln credit facility with Al Rajhi Bank
Elm Company has renewed a Shariah-compliant credit facility agreement of 500 million Saudi riyal ($133.32 million) with Al Rajhi Bank. The 12-month facilities are secured by a promissory note at the full amount of the financing, the company said in a statement to the Saudi stock exchange on Monday. The…
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