Riyadh-Amlak
Dar Al Tamleek, a company specialized in residential financing solutions for individuals, has obtained a license from the Saudi Arabian Monetary Agency (SAMA) for residential financing.
Yasser Abouatieq, CEO of Dar Al Tamleek, which specializes in housing finance solutions for individuals, explained that obtaining a license from the Saudi Arabian Monetary Agency (SAMA) complements the company's efforts in the real estate finance market and its specialization in housing finance during the past period, as well as the company's ability to manage financing programs and introduce innovative financing products to enable families to own homes.
He stressed that the approval of the Monetary Authority issued yesterday for Dar Al Tamleek and other facilities is an important qualitative leap for the real estate finance market, and a real start for this industry that supports real estate finance activity and housing empowerment for citizens.
Abu Ateeq extended his sincere thanks to the Monetary Authority and the Governor of the Saudi Arabian Monetary Authority, Dr. Fahad bin Abdullah Al Mubarak, and those in charge of real estate finance at the institution. He pointed out that Dar Al-Tamleek, which specializes in housing finance solutions, is present in almost all regions of the Kingdom, and is distinguished by developing housing finance solutions, by identifying the family's financial reality and then designing a housing finance program that suits the family's needs, requirements and financial income.
It is noteworthy that Dar Al Tamleek is one of the largest specialized real estate finance companies in the Kingdom, and succeeded until the end of last year in financing a thousand families through the company's products.