Saudi Bidaya Finance renews $200mln facility with Al Rajhi Bank

Riyadh, Saudi Arabia Mars 3 2024 – Al Rajhi bank world’s largest Islamic bank by capital. Image used for illustrative purpose. Image courtesy: Getty Images/ Ayman Zaid

The shariah-compliant facility will support the expansion of its loan portfolio

Staff Writer

, 
ZAWYA

Saudi Arabia’s Bidaya Finance Company has renewed a shariah-compliant facility worth SAR 750 million ($200 million) with Al Rajhi Bank.

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