IssuerAnnouncementDetailsV2Portlet
Mohammed Hadi Al Rasheed & Partners Co. Announces Obtaining Shariah-Compliant Credit Facilities from Emirates NBD (ENBD).
| Element List | Explanation |
|---|---|
| Introduction | Mohammed Hadi Al Rasheed & Partners Co. announces obtaining Shariah-compliant credit facilities (Tawarruq) from Emirates NBD (ENBD). |
| Date of obtaining the funding | 2026-02-05 Corresponding to 1447-08-17 |
| Financing entity | Emirates NBD (ENBD). |
| Financing amount. | SAR 20,000,000 (Twenty Million Saudi Riyals Only). |
| Financing duration. | Eight (8) months. |
| Guarantees offered for the financing | Promissory note in the amount of SAR 20,000,000 (Twenty Million Saudi Riyals Only). |
| Financing objective | Financing working capital. |
| Related Parties | None |
| 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.