Riyadh - Mubasher: BinDawood Holding Company penned a Sharia-compliant Murabaha financing from Arab National Bank (ANB) and Emirates NBD Bank to fund the acquisition of 51% of the shares of Vaza Food Company.
The company obtained SAR 217.80 million on 15 June 2026 for one year, according to a bourse disclosure. The revolving facility has no bank guarantees.
BinDawood Holding took over a majority stake in Vaza to accelerate growth and strengthen vertical integration by leveraging the company’s portfolio of premium brands, advanced manufacturing capabilities, and established market presence.
