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Article 18

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 Refinance Company aims to facilitate the trading of real estate finance contracts and the flow of funds thereto in order to:

 a.Provide stability and growth in the secondary market for real estate finance;
 
 
 b.Provide liquidity to the secondary market and provide better means to real estate finance entities to finance dwelling ownership for borrowers;
 
 
 c.Increase the liquidity of real estate finance investments and ensure proper distribution of investment capital allocated for real estate finance among different regions and categories; and
 
 
 d.Become an intermediary between the sector and domestic and foreign finance sources.