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Principle 3: Education and Awareness

No: 44006639 Date(g): 23/8/2022 | Date(h): 26/1/1444 Status: In-Force

The financial institution must develop appropriate programs and mechanisms to improve the knowledge and skills of consumers, raise their level of awareness, enable them to understand major risks, and help them to make informed and effective decisions as well as help them know the concerned entity to obtain information if needed.