Alqanoni

Article 20: Timing of Initial Disclosure

Art. 20
Status unknownSaudi ArabiaRegulation

Issued by Saudi Central Bank (SAMA) Rulebook

A Creditor that proposes to enter into a Financing Contract with a Borrower must provide the Borrower with the Initial Disclosure statement required by these Regulations prior to or upon entering into the Financing Contract by the Borrower and the Creditor.

The Arabic text is the legally binding version. The English translation is provided for guidance only.

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