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Article 11: Revocation of License

No: 450360390000 Date(g): 17/12/2023 | Date(h): 5/6/1445 Status: In-Force

Effective from 2023-12-17 - Dec 16 2023
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SAMA revokes the license upon the BNPL company’s request, taking into the account the rights of creditors and consumers as well as the soundness of the financial system.