Skip to main content

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.