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  • Chapter II: Capital Adequacy and Liquidity

    No: 43083271 Date(g): 26/4/2022 | Date(h): 25/9/1443Status: In-Force
    • Article 6

      1.The Company shall comply with the levels of capital adequacy and liquidity required in accordance with the rules, requirements and criteria stipulated by SAMA, including the following:
       
       a.Capital adequacy ratio as determined by SAMA.
       
       b.Leverage ratio as determined by SAMA.
       
       c.Minimum liquidity ratio to be implemented by the Company.
       
      2.The Company shall not increase nor decrease its capital before obtaining a prior written approval from SAMA.