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The Saudi Central Bank (SAMA) licensed “Tamara Finance" company to provide consumer finance and buy-now-pay-later services. This addition brings the number of finance companies licensed and permitted by SAMA to 65 companies.
SAMA's focus in this respect reflects its keenness to support the Finance sector, increase the efficiency of financial transactions, and promote innovative financial solutions for financial inclusion in Saudi Arabia.
SAMA emphasizes the importance of dealing exclusively with authorized financial institutions. To view licensed and permitted financial institutions, visit SAMA's official website.
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