Nayifat App

Nayifat Finance Company is a finance provider licensed and regulated by the Saudi Central Bank (SAMA), license no. 5/A/201312. We have updated the app metadata to include the required personal finance disclosures, as follows.

Repayment period: minimum 12 months, maximum 60 months.

Maximum Annual Percentage Rate (APR): 37.26%.

Representative example (total cost of finance):
For a personal finance amount of SAR 10,000 over 24 months at an APR of 37.26%:

• Monthly installment: approx. SAR 566.67
• Administrative fees: SAR 50 (0.5%) + SAR 7.50 VAT = SAR 57.50
• Total amount repayable: approx. SAR 13,600

All financing is Sharia-compliant and offered in accordance with SAMA’s Responsible Lending Principles and Consumer Protection Principles. Full pricing is available at
nayifat.com/en/product-prices.