Arabica Star lands $4M shariah-compliant facility from Saudi National Bank
What's the deal? Arabica StarDealroom has a profile for this one. Try Dealroom → has secured a 15,000,000 SAR ($4 million) shariah-compliant credit facility from Saudi National BankDealroom has a profile for this one. Try Dealroom →, the company disclosed in a regulatory filing with the Saudi ExchangeDealroom has a profile for this one. Try Dealroom →. The five-year line is structured as post-IPO debt.
What's the money for? The facility will support working capital, boost daily operational cash flows, and expand the company's commercial branch network across the kingdom. Arabica Star also said it may evaluate corporate acquisitions in high-growth market segments.
The fine print: To secure the line, Arabica Star issued a promissory note equal to the full loan value as collateral. The filing confirmed the deal involved no related-party interests.
The context: At $4 million, the raise sits near the bottom of the funding range for deals of its kind — a modest figure reflecting Arabica Star's growth stage on the Nomu-Parallel Market. The company operates in Saudi Arabia's retail and beverage sector.
The signal: The deal shows domestic banks stepping up as a capital source for smaller listed firms, using shariah-compliant instruments to fund local expansion. For growth-stage companies, flexible debt from a major lender offers a route to scale without diluting equity.
Read more: turkbusinessnews.com
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