Skip to main content

Article 29

No: 1229 Date(g): 20/2/2013 | Date(h): 10/4/1434 Status: In-Force
1.The real estate finance entity shall adhere to all credit rules as stipulated by SAMA in dealing with subsidized real estate housing finance products; and
 
2.The real estate finance entity shall obtain a no objection letter from SAMA prior to providing such product to persons eligible to subsidy, in accordance with the provisions stipulated by SAMA.