Gulf Installments Company has been established to provide Shari’ah-compliant installment and lease financing with a focus on small and medium sized enterprises. Saudi Arabian small and medium sized enterprises (SMEs) account for 90 per cent of all Saudi businesses but receive only two per cent of bank lending
In Saudi Arabia, Gulf Installments Company aims to replicate the financial success of SHUAA’s UAE SME financing subsidiary, Gulf Finance Company…………………………………..Full Article: Source