Saudi Finance Company has obtained the necessary license to conduct financing activities in Saudi Arabia from the Saudi Arabian Monetary Agency (SAMA). The company was licensed to practice the following financing activities:
1- Consumer finance.
2- Financing small and medium enterprises.
3- Financial lease.
4. Financing productive assets.
The Saudi Arabian Monetary Agency (SAMA) has implemented the implementing regulations and regulations for finance companies as of November 8, 2014, which will have positive effects for the protection of beneficiaries by raising the level of transparency and disclosure, and support the creation of a competitive environment that contributes to the provision of more services of higher quality At competitive prices, to serve the citizens and meet the needs of the market, in addition to strengthening the strength and stability of the finance sector.