Tam Development Co. A Digital Solutions and Advisory Services Tam Development Co. 2024-04-20 13:35:09 210.00 SAR (5.00) / (2.44 %) Size : 1116.0
Tam Development Company announces the signing of a bank facilities agreement compatible with the provisions of Islamic Sharia - Tam DevelopmentTam Development
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Tam Development Company announces the signing of a bank facilities agreement compatible with the provisions of Islamic Sharia


Element List Explanation
Introduction Tam Development Company Announces the Signing of Sharia Compliant Banking Facilities Agreement
Date of obtaining the funding 2023-09-20 Corresponding to 1445-03-05
Financing entity Saudi Awwal Bank
Financing amount. 25,000,000 SAR
Financing duration. 12 Months
Guarantees offered for the financing Promissory note to the amount of total facilities limit
Financing objective Short-term Finance facility (if needed) and bank guarantees facilities
Related Parties Not Applicable
Additional Information The agreement is dated September 6, 2023, but the signatures on the agreement were not completed until September 20, 2023.


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