Element List	Explanation
Introduction	Asas Makeen Real Estate Development and Investment Company announces the renewal of its Sharia-compliant credit facility agreement, which has been signed and the company has received a copy.
Date of obtaining the funding	2026-01-01 Corresponding to 1447-07-12
Financing entity	Bank Al-Jazira.
Financing amount.	200,000,000 Saudi Riyals
Financing duration.	One year, renewable.
Guarantees offered for the financing	Guarantee of debt, promissory note, mortgage of real estate deeds (including the real estate subject to financing).
Financing objective	The purpose of the financing is to purchase land and/or real estate and/or to carry out development and construction work for sales and rental projects.
Related Parties	nothing