Takween inks SAR 150 mln murabaha facility with ITFC

20/03/2019 Argaam

Takween Advanced Industries (Takween) has inked a SAR 150 million murbaha financing facility agreement with the International Islamic Trade Finance Corporation (ITFC), within the Saudi Export Development Authority’s financing initiative.

 

The one-year facility, guaranteed by a promissory note, will be directed to financing the purchase of raw materials.

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