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Al Moammar Information Systems Co. Announces Obtaining a Shariah Compliant Islamic Finance Agreement

Element ListExplanation
Introduction Al Moammar Information Systems Co. announces signing Bank Facilities in compliance with Shariah Law with Bank Albilad
Date of Receiving the Credit Facility 2019-10-22 Corresponding to 1441-02-23
Financier Bank Albilad
Credit Facility value SAR. 100 Millions
Credit Facility duration The banking facility is subject to renewal on annual basis
Guarantees Provided for Credit Facility Promissory Note provided by Company
Purpose of the Credit Facility Financing for assigned projects and multi-bonding facility
Related Parties No Related parties involve in this agreement

The Capital Market Authority and the Saudi Stock Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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Last Price Net Change
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Value Traded (SAR) Volume Traded
7,830,381.2 185,827