| Introduction | As part of the implementation of the Company's strategy announced for the period 2026–2030, which aims to diversify its investment portfolio and expand into the educational facilities sector Alandalus Property Co. Announces obtaining a Long-term Tawaruq financing in-line compliance with Islamic regulations from Alawwal SAB Bank, in value of 48 million Saudi riyals. |
| Date of obtaining the funding | 2026-07-02 Corresponding to 1448-01-17 |
| Financing entity | Saudi Alawwal Bank (SAB) |
| Financing amount. | 48,000,000 Saudi riyals. |
| Financing duration. | 8 years starting from use the Facility. |
| Guarantees offered for the financing | Promissory Note, Mortgage over the Property, and Assignment of Project Revenues. |
| Financing objective | To finance the purchase of land for an educational facility and its development for leasing purposes. |
| Related Parties | Not Exist. |
