Referring to the Executive Bonds Platform "Nafith" approved by the Ministry of Justice and government entities, which provides the service of issuing and managing executive bonds entirely electronically with ease and convenience.

Based on SAMA's strategy to promote the use of electronic channels to enhance the level of services provided, contributing to achieving Saudi Vision 2030, we would like to inform you that banks can connect to the electronic "Nafith" platform approved by the Ministry of Justice and benefit from the services offered through it, taking into account compliance with the instructions issued by SAMA regarding remote account opening, which stipulates that no credit or financing transactions should be conducted only after the customer visits the branch.