The Saudi Central Bank (SAMA) has licensed Al-an Alkhaligia to engage in consumer microfinance activities through financial technology. The authorisation brings the total number of finance companies licensed by SAMA to 67. SAMA also reiterated that customers should deal only with authorised financial institutions and directed the public to its official website for the list of licensed and permitted entities.
Saudi Arabian Monetary Authority 2025-08-07
Saudi Central Bank licenses Al-an Alkhaligia to provide fintech-enabled consumer microfinance
The Saudi Central Bank (SAMA) has licensed Al-an Alkhaligia for consumer microfinance activities via financial technology, increasing the total number of SAMA-licensed finance companies to 67. SAMA emphasized the importance of dealing only with authorized financial institutions and referred the public to its website for a list of licensed entities.