| Element List | Explanation |
|---|---|
| Introduction | Dar Al Majed Real Estate Company announces the signing of a Shariah-compliant banking facilities agreement with Alinma Bank, this agreement aims to strengthen the Company’s financial position and support its expansion in real estate development projects, in line with achieving its sustainable growth objectives. |
| Date of obtaining the funding | 2026-01-15 Corresponding to 1447-07-26 |
| Financing entity | Alinma Bank |
| Financing amount. | SAR 500,000,000 (Five Hundred Million Saudi Riyals) |
| Financing duration. | The financing tenure extends up to 10 years, including a grace period of 3 years. |
| Guarantees offered for the financing | Promissory notes |
| Financing objective | to strengthen the Company’s financial position and support its expansion in real estate development projects in line with achieving its sustainable growth objectives. |
| Related Parties | N/A |
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