Based on the responsibilities and objectives assigned to the central bank, according to... Its system issued by Royal Decree No. (M/36) and dated 1442/04/11H. - The related systems, which include supporting the stability of the financial sector and boosting confidence in it, and referring to the Real Estate Brokerage System issued by Royal Decree No. (M/130) dated 30/11/1443, which stated in paragraph (1) of Article Four that "Real estate brokerage and providing real estate services are not allowed except after obtaining a license from the authority."

Accordingly, the central bank emphasizes to the financial institutions under its supervision the importance of complying with the provisions set forth in the Real Estate Brokerage System, and warns against dealing with or contracting with any real estate broker who is not licensed by the General Authority for Real Estate according to the relevant regulations and bylaws. Licensed brokers can be verified and inquired about through The website of the General Real Estate Authority