This draft translation is currently under review.
With the help of Allah the Almighty
We, Salman bin Abdulaziz Al-Saud,
the King of the Kingdom of Saudi Arabia,
based on article 70 of the Basic Law of Governance issued by Royal Order O/90 dated 27 Sha’ban 1412 [1 March 1992],
based on article 20 of the Law of the Council of Ministers issued by Royal Order O/13 dated 3 Rabi Al-Awwal 1414 [20 August 1993],
based on article 18 of the Law of the Shura Council issued by Royal Order O/91 dated 27 Sha’ban 1412 [1 March 1992],
after perusal of Shura Council Decision 1/13 dated 23 Rabi Al-Awwal 1447 [15 September 2025] and Decision 35/416 dated 24 Dhu Al-Hijja 1447 [10 June 2026],
and after perusal of Council of Ministers Decision 411 dated 16 Jumada Al-Awwal 1448 [27 October 2026],
have decreed as follows
First
The Commercial Transactions Law is hereby approved in the form attached.
Second
The application of the provisions of the law—referred to in clause First of this decree—does not prejudice the duties and competences legally established for the Saudi Central Bank with regard to the entities and bodies subject to its supervision and oversight.
Third
The phrase “accounting records” hereby replaces the phrase “commercial books” wherever it occurs in laws as of the date of entry into force of the law referred to in clause First of this decree.
Fourth
His Royal Highness the Prime Minister, the ministers, and the heads of independent concerned agencies—each within their area of mandate—shall implement this decree of Ours.
Salman bin Abdulaziz Al-Saud
Issued on: 21 Jumada Al-Awwal 1448
Corresponding to: 1 November 2026
Published in Umm Al-Qura 5195 issued on 13 November 2026.