Finance Companies Control law
Art. 6Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
The finance company must commence its finance activities within a period not exceeding one year as
from the date of obtaining the license. After commencing its activities, it shall not cease its activities for
more than three successive months unless approved by SAMA. The Regulations shall specify necessary
controls therefor.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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