In 2025, the global credit market is undergoing a fundamental transformation. Artificial Intelligence (AI)-driven credit scoring models are rewriting the rules of who gets...
RIYADH: Saudi utility giant ACWA Power has secured an SR750 million ($119 million) Shariah-compliant term loan facility from Alinma Bank to fund its new...
Saudi Arabian medical devices company ProMedEx has obtained a one-year Islamic credit facility of SAR 74.5 million ($20 million) from Riyad Bank.
The facility will...