Alqanoni

Electronic Transactions Law

Art. 2
Status unknownSaudi ArabiaRegulation

Issued by Ministry of Investment (misa.gov.sa)

This Law aims at controlling, regulating, and providing a legal framework for electronic transactions and signatures so as to achieve the following: 1. Setting uniform legal standards for using electronic transactions and signatures and facilitating the implementation thereof in both private and public sectors by means of reliable electronic records. 2. Ensuring the credibility and integrity of electronic transactions, signatures, and records. 3. Facilitating electronic transactions and signatures, domestically and internationally, in all sectors, including government procedures, commerce, medicine, education, and electronic payments. 4. Removing obstacles facing the use of electronic transactions and signatures. 5. Preventing misuse and fraud in electronic transactions and signatures.

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

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