Riyadh - Mubasher: SHL Finance Company renewed its Sharia-compliant credit facility agreement valued at SAR 427.60 million with Gulf International Bank (GIB) on 29 December 2025.
The loan is secured by a promissory note and receivables provided to the bank as security, according to a bourse filing.
In line with its growth strategy, SHL Finance will use the proceeds of the facility to expand and increase its sales volume through new originated loans to its customers.
In the first nine months (9M) of 2025, the group’s net profits hiked by 117.38% to SAR 34.27 million from SAR 15.76 million in 9M-24.
