IssuerAnnouncementDetailsV2Portlet
Digital Research Company (DRC) announces obtaining the credit facility from Bank Alinma.
Element List | Explanation |
---|---|
Introduction | Digital Research Company (DRC) announces obtaining the credit facility in compliance with Islamic Shriah from Bank Alinma. |
Date of obtaining the funding | 2025-01-20 Corresponding to 1446-07-20 |
Financing entity | Bank Alinma |
Financing amount. | 10 million Saudi Riyal |
Financing duration. | 12 months |
Guarantees offered for the financing | Promissory note of SAR 11 million and Kafalah Program |
Financing objective | Islamic financing for project financing and letters of guarantee. |
Related Parties | There are no related parties. |
Additional Information | None |
The Capital Market Authority and Saudi 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.