MIS Renews SAR 420M Islamic Facility With Saudi Awwal Bank

MIS

MIS

7200.SA

0.00

On July 29, 2026, Al Moammar Information Systems Co. (MIS) announced the renewal and amendment of a Sharia-compliant bank facility with Saudi Awwal Bank, obtained on July 2, 2026. The facility amounts to SAR 419,753,634.00 and is valid until July 28, 2027, secured by promissory notes up to the total facilities limit. The financing is intended to fund new project contracts and support the issuance of letters of credit and guarantee.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97067&anCat=1&cs=7200&locale=ar

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