Money and business

«Shlafa» signs an agreement with the Saudi Investment Bank with 75 million riyals

The Chlefa Facilities Management Company signed, yesterday, a credit facilities agreement “compatible with Sharia controls” with the Saudi Investment Bank.
The company said in a statement on Saudi Arabia’s circulation: The financing value is 75 million riyals, while the financing period ends on February 28, 2026.
She added that the guarantees submitted for funding: support for the company.
She explained that the aim of the facilities: an Islamic financing agreement to issue primary guarantees, guarantees of good implementation, guarantees of payments provided, extract financing for projects, site equipment and documentary credits.

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