| Element List | Explanation |
|---|---|
| Announcement Detail | In reference to Al-Naqool Company's announcement dated December 26, 2023, regarding its subsidiary (Deer Real Estate Company)'s intention to issue real estate development sukuks denominated in Saudi riyals under the Murabaha Sukuk Program, which was previously issued through an offering via Sukuk Capital's website, Al-Naqool Company is pleased to announce that its subsidiary (Deer Real Estate Company) has repaid the full value of the outstanding sukuks, according to the following details: Event Type: Full Repayment of Sukuks Total Value of Repaid Sukuks: 10,000,000 Ten Million Saudi Riyals Issue Date: 01/01/2025 Repayment Date: 30/09/2025 Repayment Mechanism: Repayment financed from the company's own resources. The repayment process will not have a material impact other than the decrease in financial liabilities that will appear in the financial statements for the relevant period. The company affirms its commitment to disclosing any material future developments in accordance with relevant regulations and instructions. |
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