Your access and use of SAMA Regulatory Rulebook and its content is considered as an acceptance and approval of commitment by you without any limitation or condition to the following:
SAMA Regulatory Rulebook is a platform that aims to assist the regulated entities to access SAMA regulatory content adeptly and efficiently.
SAMA Regulatory Rulebook is still on its development and soft launch stage. SAMA is not liable for its contents and does not warrant or represent that (the Services related to the platform, information or material presented in the platform) is displayed free of any inaccuracies, omissions, or errors (“Faults”). SAMA accepts no liability for any loss, claim or damage resulting from any use of the platform, and any decisions made, or actions taken based on the information contained in or generated by the platform.
SAMA Regulatory Rulebook has no legal effect and it does not aim to amend or revoke any legal provisions. The Rulebook still Contains some documents under review, including translated versions. Therefore, SAMA Regulatory content circulated through SAMA official channels remains in force.
Without prejudice to the terms of use of SAMA website Hereby, you acknowledge that any illegal, unauthorized use and/or any breach of any of these provisions may result in legal actions against you.
Repo of Saudi Government Development Bonds, SAMA Bills and Investment in SAMA Murabaha Transactions
No: 361000126265
Date(g): 7/7/2015 | Date(h): 21/9/1436
Following a review of international markets and liquidity practices in the Basel peer group countries, SAMA has decided to revise the amount of repo facility available to Saudi Banks on their investments in Saudi Government Development Bonds and SAMA Bills. With effect from 31st July 2015, SAMA repo facility will stand at a maximum of 100% of nominal value of holdings in Government Development Bonds and SAMA Bills versus the current ruling of up to 75%.
For the Shariah Compliant banks that have a cash management account with SAMA in the form of Murabaha, such Murabaha transactions will be subject to a maximum of 100% repo facility versus the current ruling of 75%.
