المادة 7: Engaging in Indirect Financing Activity within the Kingdom

Seventh: Engaging in Indirect Financing Activity within the Kingdom

A financing fund shall engage in indirect financing activity within the Kingdom through any of the following:

a) Purchasing financing portfolios originated by entities regulated by the Saudi Central Bank (SAMA).

b) Entering into agreements or partnerships with financing companies licensed by the Saudi Central Bank (SAMA) to carry out one or more financing activities for the purpose of joint financing.

c) Investing alongside financing companies licensed by the Saudi Central Bank (SAMA), provided that the credit-granting decision is made by the financing companies.