Company AnnouncementsTasi
Saudi Energy announces obtaining a SAR 15.8 billion Murabaha financing facility agreement
5110 | SAUDI ENERGY
JUL 28, 2026, 06:02 AM (1448/02/14)
1 Min Read
| Element List | Explanation |
|---|---|
| Introduction | Saudi Energy has signed a Shari’ah-compliant Murabaha financing facility with a total committed amount of SAR 15,800,000,000. |
| Date of obtaining the funding | 2026-07-27 Corresponding to 1448-02-13 |
| Financing entity | 1. Saudi National Bank 2. Al Rajhi Banking and Investment Corporation 3. Saudi Awwal Bank 4. Banque Saudi Fransi 5. Arab National Bank 6. Riyad Bank 7. The Saudi Investment Bank |
| Financing amount. | SAR 15,800,000,000 |
| Financing duration. | 7 years from the signing date. |
| Guarantees offered for the financing | None |
| Financing objective | General corporate purposes. |
| Related Parties | 1. Saudi National Bank 2. Mr. Khalid Salem AlRowais, as he is a member of the Board of Directors of Saudi Energy Company and a member of the Board of Directors of The Saudi Investment Bank. |
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