Alqanoni

Finance Companies Control law

Art. 24
Status unknownSaudi ArabiaRegulation

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

The finance company shall diversify its business risks, and may not finance a single company or a group of companies with connected ownership in excess of the percentage specified by the Regulations.

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

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