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09/01/2018 15:51 AST
Dallah Healthcare Co. announces the signing of Islamic Financing Agreement with Al Rajhi Bank with the following terms:
1-The Agreement has been signed on 08/01/2018.
2-Total financing amounted to SR 1,300,000,000
3-Total financing terms are eight years.
4-The company is intending to use these facilities to finance construction of new and under-progress medical facilities and hospitals.
5-The facilities were granted against a promissory note from the company to the benefit of al Rajhi Bank with the total of SR 1,498,937,292 for the total facilities including their profits.
6-The granted facilities from AL Rajhi includes Participative Credit (Musharakah) and Import Sale Contracts.
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Ticker | Price | Change |
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SULAIMANALHABIB | 285.20 | 1.60 (0.56 |
MOUWASAT | 73.90 | -0.10 (-0.14 |
FAKEEHCARE | 45.90 | 0.30 (0.65 |
AME | 120.40 | -0.20 (-0.17 |
CHEMICAL | 8.52 | 0.00 (0.00 |
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