WAJA signs credit facility renewal worth SAR 20M with BSF

01/01/2026 Argaam- Nomu
Logo ofWAJA Co.

Logo of WAJA Co.

WAJA Co. signed an agreement to renew a Shariah-compliant credit facility deal worth SAR 20 million with Banque Saudi Fransi (BSF).

 

In a Tadawul statement, the company said the facilities were obtained today, Jan. 1, with a duration of one year.

 

The loan was secured by a promissory note. It aims to finance issuing Islamic letters of credit, various Islamic bank guarantees, and Tawarruq.

 

No related parties were involved the deal, WAJA pointed out.

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