Riyadh – Mubasher: Al Moammar Information Systems (MIS) announced renewing a Sharia-compliant credit facility agreement valued at SAR 100 million with Bank Albilad.

The loan term is valid until 31 December 2021, MIS said in a bourse statement on Sunday.

The agreement, signed on 7 March 2021, is guaranteed by a promissory note provided by MIS in favour of Bank Albilad.