Book traversal links for Article 43
Article 43
No: 43083271 | Date(g): 26/4/2022 | Date(h): 25/9/1443 | Status: In-Force |
The Company shall obtain a no-objection letter from SAMA prior to the approval of any distribution of profits. Such distribution must not cause capital adequacy or liquidity to drop below the levels required in accordance with the rules, requirements and standards determined by SAMA.