| Element List | Explanation |
|---|---|
| Introduction | Saudi Advanced Industries Company (SAIC) announces the renewal of Sharia-compliant credit facilities with Alinma Bank, according to the following details: |
| Date of obtaining the funding | 2026-06-15 Corresponding to 1447-12-29 |
| Financing entity | Al Inma Bank |
| Financing amount. | 100,000,000 SAR |
| Financing duration. | One Year |
| Guarantees offered for the financing | Promissory Note, and pledging a portion of the investment portfolio assets equivalent to the value of the credit facilities. |
| Financing objective | To support the company’s investment expansion. |
| Related Parties | None |
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