Regulation, Risk & Compliance
Retail Banking
Uncategorized
Zahrat Al Waha extends loan agreement with Alinma Bank
Zahrat Al Waha Trading Company has renewed a sharia-compliant credit facility agreement worth SAR 63.476 million with Alinma Bank to open documentary letters of credit to buy raw materials, machinery, and equipment. The loan term starts on 3 September 2020 and ends on 30 June 2021, according to a bourse…
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