MIS Secures SAR 2 Billion Islamic Facility from Alrajhi Bank

MIS

MIS

7200.SA

0.00

On August 27, 2026, Al Moammar Information Systems Co. (MIS) announced the renewal and amendment of a Sharia-compliant bank facility with Alrajhi Bank, signed on August 26, 2026. The facility amounts to SAR 2,000,000,000 and remains valid until August 31, 2027. The financing is secured by promissory notes up to the total facility limit and is intended to provide diverse financing solutions for both major mega and small corporate projects.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97814&anCat=1&cs=7200&locale=ar

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.