AlNaqool obtains SAR 4.7 mln financing from Tamweel Aloula

Logo of Mohammed Hasan AlNaqool Sons Co.

Mohammed Hasan AlNaqool Sons Co. obtained on March 11, a SAR 4.7 million Shariah-compliant financing from Tamweel Aloula Co., the company said in a bourse statement.

 

The credit, which has a term of 36 months, is covered by a promissory note, the statement added.

 

The amount is intended to finance the purchase of equipment in order to increase production capacity.

 

No related parties are included in the deal, the company noted.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Join Us

Argaam.com Copyright © 2026, Argaam Investment, All Rights Reserved
Call Request