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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.
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Effective from Jan 31 2025 - Jan 30 2025
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The most common method of risk transfer is through the purchase of insurance whereby the insured exchanges the possibility of incurring an unknown large loss for a comparatively smaller premium payment.
