SHL Finance secures $53M Shariah-compliant credit facility from Sohar International Bank

The signal: SHL Finance, classified as a "breakout" stage company offering consumer, SME, and real estate financing solutions, is leveraging bank credit to fuel its next phase of growth. The facility underscores how Gulf-based non-bank lenders are increasingly tapping institutional Islamic finance lines to scale lending operations — a model that could accelerate as the region's SME and consumer credit markets expand under Vision 2030 reforms.

Read more: argaam.com