Riyadh - Mubasher: Derayah Financial Company signed a Sharia-compliant credit facility agreement with Arab National Bank (ANB) totaling SAR 300 million.
The financing package, which officially entered into effect on 25 June 2026, is designed to bolster the company’s core operational activities and facilitate the expansion of its brokerage services and broader product portfolio.
This latest agreement, combined with the renewal of existing credit lines, brings the total credit exposure between Derayah Financial and ANB to SAR 354 million.
According to a regulatory filing on the Saudi Exchange (Tadawul), Derayah Financial finalized the terms of the SAR 300 million facility following an initial agreement dated 8 April 2026.
The financing is structured to adhere to Islamic banking principles and is secured by a promissory note provided by the company. The facility is scheduled to remain in effect until 31 October 2026, with the company noting that the term is subject to potential extension based on future requirements and mutual agreement between the parties.
The primary objective of this substantial capital injection is to support the company’s strategic operational goals.
Specifically, Derayah Financial intends to utilize the funds to expand its brokerage services, which remain a cornerstone of its business model.
Furthermore, the capital will be deployed to enhance and diversify the company’s suite of financial products, allowing for greater flexibility in meeting market demands and serving its client base within the Kingdom’s evolving financial sector.
In addition to the new SAR 300 million facility, Derayah Financial confirmed that it has successfully renewed an existing Sharia-compliant credit arrangement with ANB valued at SAR 54 million.
This consolidation of credit reflects a deepening of the financial relationship between the investment firm and the banking institution.
The disclosure clarified the timeline of the transaction, noting that while the agreement was originally dated in April, the actual execution and commencement of the funding occurred on 25 June 2026.
Derayah Financial also confirmed that there are no related parties involved in this transaction, ensuring that the agreement was conducted on an arm's-length basis.
The acquisition of this credit facility represents a significant step in Derayah Financial’s efforts to maintain robust liquidity and support its long-term growth initiatives. The company positions itself to scale its operations and enhance its competitive standing in the Saudi financial services market through 2026 and beyond.
