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Saudi Central Bank (SAMA) · Entity licensing

SAMA Licenses “Madark Solutions for Financing” Company to Engage in BNPL Activity

البنك المركزي السعودي يرخص لشركة "حلول مدارك للتمويل" لمزاولة نشاط الدفع الآجل

No action neededAwareness

The Saudi Central Bank (SAMA) licensed "Madark Solutions for Financing" company to engage in buy-now-pay-later (BNPL) activity, bringing the total number of SAMA-licensed finance companies to 74. The decision is part of SAMA's efforts to support the finance sector, enhance the efficiency of financial transactions, and promote financial inclusion in the Kingdom.

PublishedMay 10, 2026
Effective
GazetteNot gazetted
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