SAMA Licenses Aij Company for Financing

The Saudi Central Bank (SAMA) licensed “Aij Company for financing” to finance small and medium enterprise and consumers. This addition brings the total number of finance companies licensed by SAMA to 71.

 This decision reflects SAMA’s endeavor to support and enable the finance sector, increase the efficiency of financial transactions, and promote innovative financial solutions for financial inclusion in Saudi Arabia.

 SAMA emphasized the importance of dealing exclusively with authorized financial institutions, advising the public to verify licensed and permitted entities through its official website.