CMA LAW:
Resolution No. (162) of 2025 Regarding Renewal of the Securities Activities License of Al-Manar Financing and Leasing Company
Date Publish02 September 2025
Having Perused:
- Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities, its Executive Bylaws, and amendments thereto, and
- The securities activities license certificate for Al-Manar Financing and Leasing Company No. (AP/2016/0026) issued on 23/12/2022, and
- The application of Al-Manar Financing and Leasing Company to renew the securities activities license with the CMA, and
- Based on Resolution No. (04) of 2025 regarding the amendment of the approval authorizations for the Supervision Sector's procedures, issued on 12/01/2025.
The Following Was Resolved:
Article (1)
The securities activities license of Al-Manar Financing and Leasing Company with the CMA is hereby renewed for practicing the activity of Investment Controller for a period of three years, renewable, effective from 23/12/2025.
Article (2)
The concerned bodies shall execute this Resolution, each within its jurisdiction. This Resolution shall come into force from the date of its issuance, and it shall be published in the Official Gazette.
Fahed Al-Fadli
Acting Head of Supervision Sector
Issued on: 02/09/2025.
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