SAMA Licenses “Dufaa Company For financing” to Provide Consumer Finance
البنك المركزي السعودي يرخص لشركة "دفعة للتمويل" لمزاولة نشاط التمويل الاستهلاكي
The Saudi Central Bank (SAMA) has licensed Dufaa Company for Financing to provide consumer finance services, bringing the total number of licensed finance companies in the Kingdom to 73. This decision is part of SAMA's efforts to support and develop the finance sector, enhance the effectiveness and flexibility of financial transactions, encourage innovation in financial services, and advance financial inclusion across all segments of society. SAMA emphasizes the importance of dealing only with financial institutions licensed or authorized by it, which can be verified through its website.
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