Al Moammar Information Systems Co. signed on Monday a SAR 100 million Shariah-compliant Islamic finance agreement with Bank Albilad, the company said in a statement to Tadawul.
The finance will be used for assigned projects and multi-bonding facility and is subject to renewal on annual basis, the statement added.
The loan was secured against a promissory note, and the deal has no related parties.
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}