SAUDI ARABIA: Tadawul-listed First Avenue Real Estate Development announced that all its financial transactions – including credit facilities, deposits and financing arrangements – are fully compliant with Shariah principles.
Mayar Holding announced that 99.14% of its financial transactions – including credit facilities, deposits and financing – are Shariah compliant. As at the 30th June 2025, the remaining 0.86% represents financing for one of its subsidiaries from banks outside Saudi Arabia.
Mayar Holding also said it is on the list of companies that comply with Shariah regulations of Al Rajhi Capital and Al Bilad Capital, according to their updated lists.
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