Saudi Central Bank (SAMA) Issues License to Manafa, a Finance Company

The Saudi Central Bank (SAMA) recently announced the licensing of Manafa – a finance company specialized in debt-based crowdfunding in the Kingdom. Manafa is “a closed joint-stock company with a capital of SAR 40 million.” The license was granted to the company “after a successful… Read More
Read more in: Asia, Investment Platforms and Marketplaces | Tagged crowdfunding, financing, licensing, manafa, mena, mena region, middle east, SAMA, saudi arabia, saudi central bank