| Element List | Explanation |
|---|---|
| Introduction | Academy of Learning Company announces obtaining credit facilities compatible with the provisions of Islamic Sharia from Riyad Bank |
| Date of obtaining the funding | 2026-04-15 Corresponding to 1447-10-27 |
| Financing entity | Riyad Bank |
| Financing amount. | SAR 113,752,000 |
| Financing duration. | Up to 6 years, including a grace period of 1 year |
| Guarantees offered for the financing | 1- A guarantee pursuant to a fine and solidarity bond declaration from the Chairman of the Board of Directors 2- A promissory note submitted by the company to the bank. |
| Financing objective | The company aims to obtain these facilities to support the expansion of the group’s future projects, in line with its strategy and future plans |
| Related Parties | None |