Logo of BinDawood Holding Co.
BinDawood Holding Co. obtained a SAR 542 million Shariah-compliant Murabaha financing facility from Banque Saudi Fransi (BSF) and Gulf International Bank (GIB). 
It added that no bank guarantees were provided for the financing, whose term ranges between 3-5 years. There are no related parties involved in the facility.
In mid-August, BinDawood announced that its wholly owned subsidiary, JUUST JUBN OÜ, won a bid to acquire assets belonging to AS E-Piim Tootmine in Estonia for SAR 585.85 million (EUR 135.25 million), as per Argaam’s data.
Logo of BinDawood Holding Co.
BinDawood Holding Co. obtained a SAR 542 million Shariah-compliant Murabaha financing facility from Banque Saudi Fransi (BSF) and Gulf International Bank (GIB).
It added that no bank guarantees were provided for the financing, whose term ranges between 3-5 years. There are no related parties involved in the facility.
In mid-August, BinDawood announced that its wholly owned subsidiary, JUUST JUBN OÜ, won a bid to acquire assets belonging to AS E-Piim Tootmine in Estonia for SAR 585.85 million (EUR 135.25 million), as per Argaam’s data.
