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3. Technological Equipment

No: 44082976 Date(g): 21/5/2023 | Date(h): 2/11/1444 Status: In-Force

The entity shall ensure that its technological equipment and related systems are sufficient for its operational needs and the nature of the activity and in line with the best practices and SAMA’s instructions issued in this regard. In addition, as a minimum, the entity shall maintain, develop and operate the platform to carry out the activity according to SAMA’s instructions and shall develop standard technical interfaces to communicate with financiers, exchange information, and receive and process finance offers and applications.