KFIC Investment Company has signed an official loan contract with Al-Mustaqbal Holding Company, a major shareholder, for a value of 250 thousand dinars.
KFIC added that the loan has an interest rate of 2.5% annually, and that "KFIC" is committed to repaying the loan value within two years.
It indicated that the financial impact of this is represented by an increase in cash assets and balances with banks by the value of the loan, which is offset by an increase in liabilities by the same value, provided that this effect is cleared within the consolidated interim financial information for the third quarter of 2024.