Based on the powers granted to the Central Bank under relevant laws, regulations, and instructions, including the Finance Companies Control System issued by Royal Decree No. (M/51) dated 1433/8/13H and its Executive Regulations issued by the decision of His Excellency the Governor No. 2/M.T.S dated 1434/4/14H, which stipulates in Article 83 that "the fees, commissions, and administrative service costs charged by the finance company to the beneficiary shall not exceed (1%) of the financing amount or (5,000) five thousand riyals, whichever is lower," and following the Central Bank's Circular No. 361000091211 dated 1436/6/30H, which included that the fees and administrative service costs mentioned in the above article cover all amounts the beneficiary is obligated to pay other than the financing amount and cost of term, including all fees, costs, and commissions that the beneficiary cannot avoid in obtaining the financing, including registration fees.

The Central Bank would like to confirm that registration fees in the contract registration company are included within the fees, commissions, and administrative service costs with the maximum limit specified in Article 83 of the Executive Regulations of the Finance Companies Control System and cannot be charged to the client outside these fees.