NDMC Finalizes USD 2.5 Billion Shariah-Compliant Credit Facility

KSA, 3 January, 2025 : The National Debt Management Center (NDMC) has finalized a USD 2.5 billion (SAR 9.4 billion) Shariah-compliant revolving credit facility to finance the Kingdom’s general budgetary needs. The facility, spanning three years, involved collaboration with three regional and international financial institutions.

This initiative aligns with Saudi Arabia’s medium-term public debt strategy, emphasizing diversified funding channels and prudent risk management. It forms part of the approved annual borrowing plan, leveraging market opportunities to support economic growth through development and infrastructure financing.