Saudi Paper Manufacturing Secures $40 Million Sharia-Compliant Facility from KFH Bahrain

The Saudi Paper Manufacturing Company announced on January 20, 2026, the signing of a Sharia-compliant credit facility agreement with Kuwait Finance House (Bahrain) for US$40 million. The agreement, finalized on January 19, 2026, encompasses working capital facilities with a 12-month renewable term and medium-term facilities spanning 48 months, including a six-month grace period. Secured by a promissory note, the financing supports cash liquidity for operational activities, funds raw material purchases, and restructures existing medium-term debts to enhance cash flows. The company highlighted that the facilities were obtained at preferential and competitive profit margins, aligning with its strategic growth plans in paper production and distribution.