| Element List | Explanation |
|---|---|
| Introduction | Quara Finance Company announces the signing of a Sharia-compliant credit facilities agreement with Bank Aljazira |
| Date of obtaining the funding | 2025-08-03 Corresponding to 1447-02-09 |
| Financing entity | Bank Aljazira |
| Financing amount. | 100 million Saudi Riyals |
| Financing duration. | 5 Years |
| Guarantees offered for the financing | A Promissory note Assignment of receivables and Guarantee from the owners |
| Financing objective | The purpose of this facility is to expand and increase the sales volume in line with the company's strategy and future plans |
| Related Parties | N/A |
| Additional Information | The Company confirms that the facility agreement is a continuous transaction that is carried out in the normal course of business and is in accordance with prevailing commercial conditions and without any preferential terms |
Qatar Index10,021.90-1.4%
DFM Index5,510.99-0.1%
TASI11,078.89-0.1%
Emirates NBD27.60-3.2%
Dubai Electricity & Water Authority2.65+0.4%
EMAAR12.10-0.4%
EMAARDEV13.750.0%
ADNOC GAS3.240.0%
First Abu Dhabi Bank17.38-1.0%
Emirates Telecom18.78+0.6%
Abu Dhabi Commercial Bank12.64+0.8%
ALRAJHI104.10-0.2%
SNB41.70-1.9%
MAADEN63.70-1.2%
SABIC58.40-0.9%
Boubyan Bank0.68-0.6%
GULF BANK0.33+0.6%
Commercial Bank Of Kuwait0.47-3.3%
Burgan Bank0.210.0%
QNB16.68-1.3%
Industries Qatar10.66-1.8%
Qatar Islamic Bank22.32-1.2%
Ooredoo12.19-3.5%