‎MIS renews SAR 340.3M credit facilities with SAB

‎MIS renews SAR 340.3M credit facilities with SAB ‎MIS renews SAR 340.3M credit facilities with SAB

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Logo ofAl Moammar Information Systems Co. (MIS)

Al Moammar Information Systems Co. (MIS) amended and renewed the SAR 340.27 million Shariah-compliant credit facility with Saudi Awwal Bank (SAB).

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The company said in a statement on Tadawul that the final agreement was signed on Aug. 10, 2025, and will run until Aug. 2, 2026.

MIS issued a promissory note equal to the facility’s value as collateral. The funds are intended for new project contracts and issue letters of credit and guarantees.

The company confirmed that there are no related parties involved.

 

Logo ofAl Moammar Information Systems Co. (MIS)

Al Moammar Information Systems Co. (MIS) amended and renewed the SAR 340.27 million Shariah-compliant credit facility with Saudi Awwal Bank (SAB).

For more news on listed companies

The company said in a statement on Tadawul that the final agreement was signed on Aug. 10, 2025, and will run until Aug. 2, 2026.

MIS issued a promissory note equal to the facility’s value as collateral. The funds are intended for new project contracts and issue letters of credit and guarantees.

The company confirmed that there are no related parties involved.

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