Derayah Financial secures SAR 500M credit facilities from SNB

17/11/2025 Argaam
Derayah Financial says financing from SNB is Shariah-compliant

Derayah Financial says financing from SNB is Shariah-compliant

Derayah Financial signed a Shariah-compliant credit facility agreement worth SAR 500 million with Saudi National Bank (SNB).

 

The company said in a statement on Tadawul that the financing term runs from Nov. 16, 2025, to Nov. 30, 2026, with an option to extend. It added that a promissory note was provided as security for the financing.

 

The facility aims to fund Derayah Financial’s core operating activities, including expanding its brokerage services and enhancing its product suite by directly offering margin financing products.

 

It also confirmed that the agreement involves no related parties.

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