SAMA licenses Dufaa Company for consumer finance
Consumer-finance partners must verify Dufaa as SAMA-authorised
Change
SAMA licensed Dufaa Company for Financing to provide consumer finance, bringing the number of SAMA-licensed finance companies to 73.
Why it matters
The licence adds Dufaa Company for Financing to Saudi Arabia’s authorised consumer-finance provider perimeter. Merchants, platform partners and compliance teams must verify consumer-finance relationships against SAMA’s authorised-institution list before treating a provider as permitted.
Implications
- — Dufaa Company for Financing may provide consumer finance in Saudi Arabia within the scope of its SAMA licence.
- — Merchants and platform partners using consumer-finance services in Saudi Arabia must verify Dufaa against SAMA’s authorised financial institutions list before onboarding or promoting the service.
- — Compliance teams at Saudi finance and fintech firms must update authorised-provider checks to include Dufaa Company for Financing for consumer-finance counterparty review.
Who is affected
- — Dufaa Company for Financing
- — Merchants and platform partners using consumer-finance services in Saudi Arabia
- — Compliance teams at Saudi finance and fintech firms
What to watch
- — Licence announcement date: April 28, 2026
- — SAMA authorised financial institutions list
- — Total SAMA-licensed finance companies: 73