Jabal Omar Development Company (JODC) announced that it has paid the 5th and 6th commission (profit) payments due to the Ministry of Finance loan account on January 1, 2017 and January 1, 2018, totaling SAR 231.2 million. On December 13, 2011, the company signed a loan agreement with the Ministry of Finance. The company said that this action comes after it was able to complete the procedures of harmonizing the loan and converting it into a Sharia-compliant Murabaha loan in cooperation with the Ministry of Finance and Samba Bank. Jabal Omar explained that the financial impact will be positive on the account of short-term liabilities in the first quarter of the current fiscal year.