Riyadh - Sharikat Mubasher: Quara Finance Company, a leading Saudi company providing Sharia-compliant financial services, announced the official launch of its financial services through the Mobily Pay platform, under its partnership with Etihad Fintech Company (Mobily Pay), after completing the necessary regulatory approvals for both parties and the pilot phase.

The launch aims to provide innovative financing solutions offered by Quara Finance Company through an integrated digital infrastructure, enabling Mobily Pay users to directly access a range of financing products designed to meet their diverse needs, the company announced in a recent bourse filing.

Through this collaboration, the Saudi fintech company will make its financing services and solutions available to Mobily Pay users across the Kingdom, in compliance with regulations and instructions issued by the Saudi Central Bank (SAMA) and the provisions of Islamic Shariah.

This milestone underscores Quara Finance Company’s commitment to developing modern financial solutions that contribute to the growth of the financial services sector while enhancing the integration of financing services with leading digital platforms.