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
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Production asset finance
| Consumer Microfinance activity
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Small and medium enterprise finance
| Consumer Microfinance activity.
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Finance lease
| Refinance
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Credit card finance
| Debt-Based Crowdfunding
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Consumer finance
| Any other finance activity approved by SAMA
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2. The establishment of companies that carry out finance support activities:
Debt collection for banks and finance companies
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Finance Aggregator service
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3. The establishment of companies that carry out the activity of registering financial lease contracts.