Skip to main content

Minimum Capital Requirements

No: 42019124 Date(g): 9/11/2020 | Date(h): 24/3/1442

Effective from 2020-11-09 - Nov 08 2020
To view other versions open the versions tab on the right

20.Every DTFC shall, at all times-
 
 i.maintain records including balance sheets and periodic statements of income and expenditure to enable proper computation of the institution's capital adequacy of 20%; and
 ii.maintain the prescribed minimum capital requirements.
 
21.SAMA shall determine whether an institution is in compliance with the capital adequacy requirements in accordance with these Regulations.