Based on the powers vested to SAMA under relevant regulations, rules, and instructions, and referring to SAMA Circular No. 99/46538 dated 2/9/1439 H, which includes Responsible Lending Principles for Individual Customers, and based on the correspondence from His Excellency the Chairman of the Housing Program Committee in letter No. 359 dated 8/9/1439 H regarding government support to enable citizens to own their first home, in support of the program's objectives.

We inform you of the amendment of two articles from the aforementioned principles of responsible financing for individuals as follows:

1. Article (14/c) is amended to read: Government subsidies, such as those given through the Citizen Account Program or social security, must not be counted as part of the total monthly income of the consumer. However, government subsidies that are documented through contracts with a citizen and that are provided by the Ministry of Housing or the Real Estate Development Fund may be incorporated in the total monthly income of the consumer in real estate finance products.
2. Article (15/c) is amended to read: Monthly credit obligations of finance must not exceed 55% of the total monthly income of the consumer. However, for the consumers who are benefiting from the Ministry of Housing or the Real Estate Development Fund for mortgage products, the monthly obligations of finance must not exceed 65% of the total monthly income.