Alqanoni

Law of Collective Real Estate Investment Schemes

Art. 10
Status unknownSaudi ArabiaRegulation

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

The capital of the collective real estate investment scheme may not be used to extend loans; however, loans may be obtained using the funds or assets of the investment scheme as security, if provided for in the investment scheme agreement. The Regulations shall specify the governing provisions.

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

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