Types of Licenses
Effective from Apr 17 2025 - Apr 16 2025
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1. The establishment of "joint stock" finance companies that are licensed to engage in one or more of the following financing activities:
Real estate finance. | Microfinance. |
Production asset finance. | Consumer Microfinance activity |
Small and medium enterprise finance. | Consumer Microfinance activity. |
Finance lease. | Refinance |
Credit card finance. | Debt-Based Crowdfunding |
Consumer finance. | Any other finance activity approved by SAMA. |
2. The establishment of companies that carry out finance support activities:
Debt collection for banks and finance companies. |
Finance Aggregator service. |
3. The establishment of companies that carry out the activity of registering financial lease contracts.