RIYADH, SAUDI ARABIA / March 23, 2025 – SHL Finance Company has successfully renewed its Sharia-compliant credit facilities agreement, securing a substantial 1.91 billion Saudi riyals (SAR) in financing. The strategic move is aimed at expanding operations and driving a significant increase in sales volume.
Fueling Growth with Islamic Financing
The renewed credit facility reflects SHL Finance’s commitment to adhering to Sharia principles, offering ethical and compliant financial solutions. The new financing package is expected to:
✅ Expand lending capacity to meet rising demand.
✅ Enhance sales volume by offering more competitive financing products.
✅ Strengthen the company’s market position in the region.
“This renewed facility marks a major step in supporting our growth plans and delivering more value to our customers,” said an SHL Finance spokesperson.
“By aligning with Sharia principles, we are committed to sustainable and responsible financing that fosters long-term stability.”
Boosting Sales and Market Reach
The 1.91 billion SAR infusion will allow SHL Finance to offer more competitive financing options, empowering businesses and individuals seeking Sharia-compliant lending solutions.
Islamic Finance on the Rise
The deal reflects the growing demand for Sharia-compliant financial products in the region. As the Islamic finance market continues to expand, SHL Finance is well-positioned to capture more market share with its strengthened balance sheet and enhanced lending capacity.
✅ Looking Ahead
With this renewed facility, SHL Finance is poised for accelerated growth, boosting its ability to serve more clients and further solidify its presence in the Saudi financial sector.
