Digital Research secures SAR 10M credit facility from Alinma Bank

20/01/2025 Argaam
Logo ofDigital Research Co. (DRC)

Logo of Digital Research Co. (DRC)

Digital Research Co. (DRC) secured a Shariah-compliant credit facility worth SAR 10 million from Alinma Bank.

 

In a statement to Tadawul, the company said the guarantees provided in exchange for the 12-month financing include a promissory note worth SAR 11 million, together with the Kafalah Program.

 

For more news on listed companies

 

According to DRC, the facilities are intended to provide Shariah-compliant funding to support projects and issue letters of guarantee. No related parties are involved.

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