‎Derayah Financial secures SAR 500M Shariah-compliant credit facilities

‎Derayah Financial secures SAR 500M Shariah-compliant credit facilities ‎Derayah Financial secures SAR 500M Shariah-compliant credit facilities

​‎

Logo ofDerayah Financial

Derayah Financial signed a Shariah-compliant credit facility agreement worth SAR 500 million with Saudi National Bank (SNB) on Nov. 16, 2025.

Advertisement

The company said in a statement on Tadawul that the financing term extends 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’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.

 

Logo ofDerayah Financial

Derayah Financial signed a Shariah-compliant credit facility agreement worth SAR 500 million with Saudi National Bank (SNB) on Nov. 16, 2025.

The company said in a statement on Tadawul that the financing term extends 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’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.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with our Weekly Newsletter

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
Advertisement