| Element List | Explanation |
|---|---|
| Introduction | Lana announces that it has obtained Sharia-compliant financing from Dinar Investment Company |
| Date of obtaining the funding | 2024-09-24 Corresponding to 1446-03-21 |
| Financing entity | Dinar Investment Company |
| Financing amount. | 7,000,000.00 |
| Financing duration. | 36 months |
| Guarantees offered for the financing | Promissory notes |
| Financing objective | Financing capital and investment expenditures for the company's future expansions |
| Related Parties | None |
Lana Company announces the availability of Sharia-compliant financing
AI Summary
- Lana Company obtained SAR 7,000,000 in Sharia-compliant financing from Dinar Investment Company on September 24, 2024.
- The financing has a duration of 36 months and is secured by promissory notes.
- Proceeds will be used to fund capital and investment expenditures for the company's future expansions.
- There are no related parties involved in the transaction.
