Solutions by STC Arm Obtains $133 Million Sharia-Compliant Facility

Solutions by STC Arm Obtains $133 Million Sharia-Compliant Facility

28 November 2024

Man in white traditional attire sitting next to the Saudi flag.

Mansour Al Dalaan, CEO of CCC by stc

Solutions by STC announced that its subsidiary, Contact Center Company (CCC), has secured a financing facility worth SAR 500 million ($133.3 million).

The agreement, signed with Riyad Bank, adheres to Islamic Sharia principles and aims to support CCC’s working capital needs.

Source: Brinda Darasha / Zawya

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