Riyadh - Mubasher: Perfect Presentation for Commercial Services Company (2P Perfect Presentation) has renewed and increased its Sharia-compliant credit facility agreement with Bank Aljazira.
The financing package is valued at SAR 250 million and was officially signed on 23 July 2026. The facility is scheduled to remain in effect until 23 July 2027.
The company stated that the credit facility is intended to finance new project contracts, as well as the issuance of letters of credit and bank guarantees.
Under the terms of the agreement, the financing is secured by a promissory note for the full value of the facility.
2P Perfect Presentation confirmed that there are no related parties involved in the transaction. This renewal follows the company's strategy to support its operational growth and project execution capabilities through flexible Islamic banking solutions.
At the end of June, the listed company extended its Islamic Sharia-compliant credit facility with Al Rajhi Bank at a value of SAR 265 million.