Qatar Central Bank Approves Hemmah Lending

SAMA, the Saudi Central Bank, announced that it has granted a license to Hema Platform for Financing to operate in the field of debt-based crowdfunding. This brings the total number of licensed companies to 78. The decision aims to support the financing sector in the Kingdom, enhance its efficiency and flexibility, and encourage innovation and financial services to promote financial inclusion and reach all segments of society. The licenses of these companies can be verified through the Saudi Central Bank's official website.

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