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9. Contract Signed Between Entity and Consumer

No: 44082976 Date(g): 21/5/2023 | Date(h): 2/11/1444

Effective from May 22 2023 - May 21 2023
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The entity shall draw up a contract between the entity and the consumer in accordance with the relevant legal requirements. Each party shall receive a copy of the contract that must clarify, at least, the following: 
 
9.1Contract parties.
 
9.2Contract scope.
 
9.3Contract term.
 
9.4Desired type of finance, its duration, specifications — if any — and requirements.
 
9.5Rights and obligations of the contract parties.
 
9.6Pricing and fee structure.
 
9.7Withdrawal procedures and conditions.
 
9.8Dispute resolution mechanism.
 
9.9Contract termination and expiration.
 
9.10Any other data or information required by SAMA.