Article Three: Scope

First: These instructions apply to finance company licensed to conduct one or more of the following types of financing activities: Real estate financing Financing of productive assets Financing for small and medium enterprises (SMEs) Finance leasing Credit card financing Consumer financing Second: These instructions are considered as guidance for other financing activities licensed under the Finance Companies Control Law and its implementing regulations , except for provisions stated in relevant laws and instructions as mandatory. SAMA reserves the right to adhere the application of some or all the requirements of these instructions at any time.