Supplementary disclosure concerning settlement of Short Term Murabaha

 

The Securities House Company has repaid the KD 60 million Murabaha Short-Term Finance which was obtained for the purpose of investing in a short-term investment opportunity.

The Financial impact: The company has resulted an unrealized net profit of approximately KD 93 thousand after deducting Murabaha financing expenses, based on the current investment valuation at the time of this disclosure.


 

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