Alhasoob obtains SAR 7.5m Sharia-compliant financing

Riyadh – Mubasher: Alhasoob Co. has been granted short-term Sharia-compliant financing worth SAR 7.5 million from Al Rajhi Bank.

The one-year financing will support the company to fulfill its strategic expansion plan to meet future needs, according to a bourse filing on Tuesday.

The guarantees offered for the financing comprise SAR 7.837 million promissory notes.

Mubasher Contribution Time: 11-Jan-2022 06:56 (GMT)
Mubasher Last Update Time: 11-Jan-2022 06:56 (GMT)