The Governor of the Saudi Central Bank,
based on the powers provided in article 4 of the Law of the Saudi Central Bank issued by Royal Decree D/36 dated 11 Rabi Al-Thani 1442 [26 November 2020], which stipulates the mandate of the central bank to “issue regulations and instructions relating to financial institutions and their activities”,
pursuant to article 39 of the Law on the Oversight of Financing Companies issued by Royal Decree D/51 dated 13 Sha’ban 1433 [3 July 2012], which stipulates that “the Governor shall issue the regulation within 90 days from the date of issuance of the law, and it comes into force upon the entry into force of the law”,
and after perusal of the Governor of the Central Bank of Saudi Arabia Decision 2/OFC dated 14 Rabi Al-Thani 1434 [24 February 2013] issuing the Executive Regulation of the Law on the Oversight of Financing Companies, Decision 80/OFC dated 16 Muharram 1441 [15 September 2019] issuing the Rules for the Practice of Micro-finance Activities, and Decision 82/OFC dated 13 Rabi Al-Thani 1441 [10 December 2019] issuing the Rules for the Regulation of Micro Consumer Financing Companies,
hereby decides
First
The amendments to the Executive Regulation of the Law on the Oversight of Financing Companies are hereby approved in the form attached.
Second
The Rules for the Practice of Micro-finance Activity, issued by Decision 80/OFC dated 16 Muharram 1441 [15 September 2019], are hereby repealed.
Third
The Rules for the Regulation of Micro Consumer Financing Companies, issued by Decision 82/OFC dated 13 Rabi Al-Thani 1441 [10 December 2019], are hereby repealed.
Fourth
This decision repeals all decisions in conflict with it.
Fifth
This decision comes into force on the date of its publication. Microfinance companies are granted a period of 90 days from the date of its publication to rectify their status in accordance with the provisions of this decision. This decision must be communicated to those who are required to adopt and implement it.
May Allah provide success.
Ayman Mohammad Al-Sayari
Governor
Issued on: 1 Jumada Al-Awwal 1447
Corresponding to: 23 October 2025
Published in Umm Al-Qura 5139 issued on 11 January 2026.