Skip to main content

Article 43

No: 43083271 Date(g): 26/4/2022 | Date(h): 25/9/1443

Effective from Oct 23 2022 - Oct 22 2022
To view other versions open the versions tab on the right

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.