Al Moammar Information Systems Co. — Capital/Financing Update 2021

Mar 7, 2021

Al Moammar Information Systems Co ( MIS) Announces of renewal Sharia-compliant Islamic financing agreement

7200 · 07/03/2021 15:59:54 · Announcement #62154 · View on Saudi Exchange

Al Moammar Information Systems Co ( MIS) Announces of renewal Sharia-compliant Islamic financing agreement

Element List	Explanation
Introduction	Al Moammar Information Systems Co ( MIS) Announces of renewal bank facilities in compliant with sharia Islamic with Bank Albilad as follow:
Date of obtaining the funding	2021-03-07 Corresponding to 1442-07-23
Financing entity	Bank Albilad
Financing amount.	SAR 100,000,000
Financing duration.	valid till 31/12/2021
Guarantees offered for the financing	Promissory note provided by the company in favor of Bank AlBilad
Financing objective	Multi bondings and financing of new projects assigned to Bank Albilad
Related Parties	No related parties
Additional Information	MIS signed the facility agreement on 07/03/2021.

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