Alqanoni

Social Insurance Law

Art. 48
Status unknownSaudi ArabiaRegulation

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

1. Compensation under the unemployment insurance branch shall be 60 percent of the average monthly wages to be paid for each of the first three months and 50 percent of said average to be paid for each additional month. 2. The average monthly wage shall be one twenty-fourth of the total contributory wages for the last 24 months of contribution. 3. The maximum amount of compensation shall be nine thousand riyals (SAR 9,000) for each of the first three months and seven thousand and five hundred riyals (SAR 7,500) for each additional month.

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

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