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Official Launch and Integrated Digital Solutions

Quara Finance has announced the official launch of its financing services via the "Mobily Pay" platform (Etihad Digital Financial Company). This comes following the completion of all necessary regulatory approvals and the successful conclusion of the pilot phase. The services are now available to platform users in the Kingdom of Saudi Arabia, in full compliance with Islamic Sharia principles and Saudi Central Bank (SAMA) regulations.

Flexibility and Speed in Meeting Customer Needs

This collaboration aims to provide innovative financing solutions backed by an integrated digital infrastructure. It offers customers direct and fast access to a diverse range of financing products characterized by streamlined procedures and rapid execution, enhancing the user experience and efficiently meeting their financial aspirations.

Supporting Saudi Vision 2030 and the Financial Sector

This initiative underscores both companies' commitment to developing modern financial services in line with the objectives of the Financial Sector Development Program and Saudi Vision 2030. Additionally, Quara Finance confirmed that there are no related parties to this agreement, noting that the financial impact will be reflected in its future financial results based on actual demand and transaction volume on the platform.