Riyadh – Sharikat Mubasher: The Saudi Central Bank (SAMA) announced issuing a new license to Al-An Alkhaligia to operate in consumer microfinance using financial technology.

 This raised the total number of licensed finance companies in the Kingdom to 67, according to SAMA/s announcement on its official website.

The move aligns with SAMA’s ongoing efforts to enhance financial sector development, boost the efficiency of digital financial transactions, and promote inclusive, tech-driven financial solutions.

SAMA reiterated the importance of dealing only with licensed financial institutions and encouraged the public to consult its official website for the full list of authorized entities.