Riyadh, Saudi Arabia: Shahbandr, a leading enabler of e-commerce and digital transformation in Saudi Arabia and the Middle East and North Africa, and Tamara, the region’s leading provider of Buy Now, Pay Later (BNPL) solutions, partnered to empower online stores with flexible payment options that help them boost sales and accelerate growth. Through this partnership, Tamara […]
This marks a key milestone in Nayla’s mission to empower small and medium-sized enterprises (SMEs) in the Kingdom by offering ethical and Sharia-compliant financial services. Saudi-based Nayla Finance has announced that its micro-financing solutions platform has received Sharia certification from the Shariyah Review Bureau (SRB), a leading Sharia advisory firm licensed by the Central Bank […]
Riyadh, Kingdom of Saudi Arabia – May 19, 2025 – The Saudi Industrial Investment Fund Company, in partnership with Lendo, one of the Kingdom’s leading Shariah-compliant debt crowdfunding platforms, has launched an innovative investment program worth up to SAR 200 million. The initiative aims to provide fast, sustainable, and controlled working capital financing for small […]
Riyadh, Saudi Arabia — The Saudi Central Bank (SAMA) has officially granted a license to Nayla Finance to operate in the field of microfinance, marking another step in the Kingdom’s efforts to expand and strengthen its financial sector. With this addition, the total number of licensed financing companies in Saudi Arabia has reached 66. The move […]
AJIL Financial Services Company, a leading provider of shariah-compliant financial solutions, has partnered with Systems Arabia, a frontrunner in digital transformation and IT services, to implement Temenos Core lending platform. This collaboration will enable AJIL to quickly bring new products and services to the market, adapt to changing regulations and stay ahead of the market, […]