Al-Hokair Tourism inks SAR 80 mln Islamic loan with Albilad

23/06/2015 Argaam

Abdulmohsen Al-Hokair Group for Tourism and Development signed a SAR 80 million sharia-compliant loan with Albilad Bank to finance its expansion plans, the company said in a statement to the Saudi bourse, Tadawul.

 

The loan will be paid back through half yearly installments within five years.

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