Money and business

Waja renews a facility agreement with Al Rajhi Bank for 19 million riyals


Today, Waja Company renewed a credit facility agreement compatible with the provisions of Islamic Sharia with Al Rajhi Bank.

The company said in a statement on its website "Saudi Arabia trading"The value of the financing is 19 million riyals, while the duration of the financing is one year.

She added that the guarantees provided in exchange for the financing are: a promissory note from the company.

She indicated that the facilities aim to: finance various Islamic letters of guarantees and facilitate credit sales.

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