| Element List | Explanation |
|---|---|
| Introduction | Amlak International Finance Company announces the renewal of the credit facilities agreement (Sharia-compliant) with the Saudi Investment Bank. |
| Date of obtaining the funding | 2026-05-14 Corresponding to 1447-11-27 |
| Financing entity | Saudi Investment Bank. |
| Financing amount. | 1,064,500,000 SAR |
| Financing duration. | Until 08/01/2028G |
| Guarantees offered for the financing | - Assignment of receivables to the bank. - Promissory Note in favor of the bank |
| Financing objective | Facilitating the company's business and increasing its ability to finance its clients. |
| Related Parties | The Saudi Investment Bank -one of the substantial shareholders - has a direct interest in this agreement. There is also indirect interest for Board members: 1-Mr. Majed Abdulghani Fakeeh, Chief Corporate Banking Officer at Saudi Investment Bank. 2- Mr. Khalid bin Abdulaziz Al-Rayes, CEO of Alistithmar Capital which is 100% owned by The Saudi Investment Bank. And indirect interest for Risk Committee member Mr. Ala bin Ibrahim Asali, Chief Cyber Security Officer at Saudi Investment Bank. |
| Additional Information | The Company confirms that no preferential treatment was given in this agreement, and it is within the usual business activity. |