Riyadh – Mubasher: Saudi Top for Trading Company recently obtained a Sharia-compliant working capital financing facility totaling SAR 15 million.
The credit facility was secured on 10 August 2026 from the UAE’s Emirates NBD to support the company’s general working capital requirements, according to a bourse filing.
The financing agreement carries a duration of 12 months.
Meanwhile, to secure the facility, Saudi Top for Trading provided a promissory note valued at SAR 15 million and utilized the Kafalah Program as a secondary guarantee.
The Saudi company confirmed that there are no related parties involved in this transaction.
Moreover, the funding is intended to provide the necessary liquidity to manage the firm's ongoing operational needs over the next year.
