Zahrat Al Waha for Trading Co. announces the renewal of the credit facilities agreement that is in line with the Sharia regulations from Alinma Bank

Agreement renewal date: 14-07-2021 Corresponding to 04-12-1442

Agreement amount: 60,000,000 SR

Agreement duration: from 14-07-2021 to 30-06-2022

Guarantees offered for the agreement: Order Notes by the company with the total value of the facilities.

Agreement objective: Opening LCs for purchase raw materials.

Related Parties: There are no related parties.

Additional Information: The limit for opening short-term credits and facilities was renewed to finance working capital with the same value of 60,000,000 SR.