Publisher: Maaal International Media Company
License: 465734
Wednesday, 7 May 2025
Knowledge Tower Trading obtains credit facilities from Al Rajhi Bank amounting to SAR 5 mln
Knowledge Tower Trading Co. announced on Tuesday the Obtaining a Sharia-compliant Islamic credit facility in the amount of five million (5,000,000) Saudi riyals with Al Rajhi Bank to finance the company’s purposes.
The company said that the financing period is 3 years in exchange for a guarantee of promissory notes.
The new credit facility agreement has better commercial terms and competitive prices.
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