Book traversal links for Article 28
Article 28
No: 1229 | Date(g): 20/2/2013 | Date(h): 10/4/1434 |
Effective from May 17 2013 - May 16 2013
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When subsidizing real estate housing finance product through a real estate finance entity, the subsidy provider shall provide a description for each product to ensure compliance with credit policies, risk management and transaction integrity. Such description shall include the following:
1. | Eligibility criteria; | |
2. | Subsidy amount; | |
3. | Means of finance; and | |
4. | Any other information specified by SAMA according to product type. |