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Yaqeen Capital Co. Announces Obtaining a Banking facilities
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YAQEEN
-0.32
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1447/05/22 13/11/2025 15:42:42
| Element List | Explanation |
|---|---|
| Introduction | Yaqeen Capital announces that a Sharia-compliant banking facilities agreement was signed with Banque Saudi Fransi, including facilities limits totaling SAR 100 million. |
| Date of obtaining the funding | 2025-11-13 Corresponding to 1447-05-22 |
| Financing entity | Banque Saudi Fransi |
| Financing amount. | 100,000,000 Saudi Riyals |
| Financing duration. | One Year renewable |
| Guarantees offered for the financing | Promissory note |
| Financing objective | Expansion of brokerage services |
| Related Parties | N/A |
| Additional Information | The agreement is dated November 3, 2025, and the necessary requirements and signatures were completed and the banking facilities activated on November 13, 2025. |
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.
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