| Element List | Explanation |
|---|---|
| Introduction | Alramz Real Estate Company announces obtaining sharia-compliant credit facilities with Alinma Bank |
| Date of obtaining the funding | 2026-08-04 Corresponding to 1448-02-21 |
| Financing entity | Alinma Bank |
| Financing amount. | Facility 1: SAR 200,000,000 (Two Hundred Million Saudi Ri-yals) Facility 2: SAR 100,000,000 (One Hundred Million Saudi Riyals) |
| Financing duration. | Facility 1: Five years Facility 2: Six months (Revolver) |
| Guarantees offered for the financing | - Facility 1: 150% real estate mortgages - Facility 2: 200% pledge of investment fund units. - Promissory notes in the amount of SAR 330,000,000 (Three Hundred Thirty Million Saudi Riyals). |
| Financing objective | Financing land acquisitions, development costs, supporting the Company’s expansion plans across its real estate projects and strengthening its financing structure. In addition to financing the Company’s working capital. |
| Related Parties | None |
| Additional Information | The agreement is dated 27/01/1448H, corresponding to 12/07/2026; however, it entered into effect on 21/02/1448H, corresponding to 04/08/2026. |