Effective from Feb 24 2013 - Mar 07 2013 To view other versions open the versions tab on the right
1.
SAMA may charge the following:
a.
(200,000) two hundred thousand Saudi riyals for issuing the License;
b.
(100,000) one hundred thousand Saudi riyals for renewing the License; and
c.
(50,000) fifty thousand Saudi riyals for amending the License.
2.
Notwithstanding the provision of Paragraph 1 of this Article, the financial fees for issuing the license to practice microfinance activity, renew it or amended it is (10.000) Ten Thousand Saudi Riyals.