The loan term continues until Aug. 31, 2027
Zahrat Al Waha for Trading Co. renewed its Shariah-compliant banking and credit facilities agreement worth SAR 80 million with Saudi National Bank (SNB), according to a statement to Tadawul. 
The financing was obtained on Sept. 29, 2026, and will run through Aug. 31, 2027.
The facilities are secured by promissory notes issued by the company for the total value of the facilities.
Zahrat Al Waha said the financing will be used to open letters of credit (LCs) to purchase raw materials, adding that there are no related parties to the agreement.
The loan term continues until Aug. 31, 2027
Zahrat Al Waha for Trading Co. renewed its Shariah-compliant banking and credit facilities agreement worth SAR 80 million with Saudi National Bank (SNB), according to a statement to Tadawul.
The financing was obtained on Sept. 29, 2026, and will run through Aug. 31, 2027.
The facilities are secured by promissory notes issued by the company for the total value of the facilities.
Zahrat Al Waha said the financing will be used to open letters of credit (LCs) to purchase raw materials, adding that there are no related parties to the agreement.
