Article 11
| No: 1229 | Date(g): 20/2/2013 | Date(h): 10/4/1434 |
Effective from May 17 2013 - May 16 2013
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The real estate finance entity shall not extend credit on any form of finance exceeding 70 percent of the value of the dwelling subject of the real estate finance contract. SAMA may change such percentage according to prevailing market conditions.