Arab Sea Information Systems Company announces obtaining Sharia-compliant credit facilities
Arab Sea Information Systems
Media Center August 6, 2025
Arab Sea Information Systems Company announces obtaining Sharia-compliant credit facilities
Element ListExplanation
Introduction Arab Sea Information Systems Company announces that it has obtained Sharia-compliant credit facilities from Riyad Bank.
Date of obtaining the funding 2025-08-05 Corresponding to 1447-02-11
Financing entity Riyad Bank
Financing amount. 26,000,000 Saudi Riyal
Financing duration. 5 Years
Guarantees offered for the financing Promissory note and mortgage
Financing objective The company aims to obtain these facilities to expand in government projects to increase the revenues.
Related Parties None