Further to SAMA's circular No. 371000061185 dated 28/5/1437H, which outlines the Obligations of Real Estate Appraisal Customers Subject to Supervision and Regulation by SAMA.

We would like to inform you of the following amendments to the aforementioned circular:

1. The first paragraph of the circular is amended to read: "Banks, finance companies, and insurance companies must engage with certified real estate appraisers who hold a valid license to practice appraisal."
2. A new paragraph is added as follows: "Bank, finance companies, and insurance companies must provide the customer with a copy of the property appraisal report."