| Element List | Explanation |
|---|---|
| Introduction | National Medical Care Company is pleased to announce that it has signed a Murabaha financing agreement with Arab National Bank, compliant with Islamic Sharia, amounting to SAR 1,000,000,000 and an overdraft loan agreement, compliant with Islamic Sharia, amounting to SAR 200,000,000. |
| Date of obtaining the funding | 2025-11-10 Corresponding to 1447-05-19 |
| Financing entity | Arab National Bank |
| Financing amount. | SAR 1,200,000,000 |
| Financing duration. | 1- SAR 200,000,000 overdraft loan renewed periodically. 2- SAR 1,000,000,000 long term loan for a period up to 10 years. |
| Guarantees offered for the financing | The Company has provided title deeds of land and building in addition to promissory notes to Arab National Bank as security. |
| Financing objective | The facilities have been obtained to finance the construction of Al Narjis Hospital and Company’s working capital needs. |
| Related Parties | NA |
| Additional Information | NA |
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