Tihama inks SAR 5 mln Murabaha agreement

30/01/2019 Argaam

Tihama Advertizing & Public Relations Co. has signed a SAR 5 million Murabaha agreement with an affiliate of Adeem Capital, the company said in a bourse statement.

 

The amount is intended to finance the company’s working capital and operating activities.

 

The credit which has a term of two years is covered by a promissory note and a mortgage of commercial debt balances.

Comments {{getCommentCount()}}

Be the first to comment

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.