Scientific & Medical Equipment House Co. announces the signing of Facility of agreement compliant with Islamic Shariah with Alinma Bank
2023-01-25 15:48:33
| Element List | Explanation |
|---|---|
| Introduction | Scientific & Medical Equipment House Co. announces the signing of Facility of agreement compliant with Islamic Shariah amounting to 265 million Saudi riyals with Alinma Bank |
| Date of obtaining the funding | 2023-01-22 Corresponding to 1444-06-29 |
| Financing entity | Alinma Bank |
| Financing amount. | 265 million Saudi riyals |
| Financing duration. | Available till 30/09/2023 |
| Guarantees offered for the financing | Assignment of contracts procedures of projects, in-addition to promissory notes. |
| Financing objective | General company’s work purposes (new awarded projects) including financing working capital and to avoid any liquidity lack situations. |
| Related Parties | None |