Tamam Financing Announces Certification of Shariah-Compliant Microfinance App by Shariyah Review Bureau

Saudi-based fintech Tamam Financing Company (Tamam), recently announced the certification of its microfinance app considering Shariah principles by Shariyah Review Bureau (SRB), according to local media reports. The Tamam app will provide Shariah-compliant microfinance services in Saudi Arabia.

In addition, the Saudi Arabian Monetary Authority (SAMA) has officially licensed Tamam to provide microfinancing services to consumers across Saudi Arabia.

In alignment with Saudi Arabia’s Vision 2030 Financial Sector Development Plan, Tamam aims to enhance financial inclusion in the Kingdom. The platform provides individuals that require financing the opportunity to gain access to Shariah-compliant consumer microfinance. According to local media reports, the end-to-end...