To Know More About Nayifat
Nayifat Finance Company is Saudi Arabia’s leading non-bank financial institution, it provides financing solutions compatible with Islamic Sharia to support individuals and small to medium-sized enterprises in achieving their financial goals. Since its establishment, the company has steadily advanced toward excellence and geographic expansion, aiming to increase the accessibility of its services throughout various regions of the Kingdom. We are committed to enhancing our clients’ experience, wherever they are, through our extensive network of branches and advanced digital solutions. At Al-Nayifat, we strongly believe in the importance of building long-term relationships with our clients. We are dedicated to continuously delivering an exceptional experience, supported by a professional team and cutting-edge technology.
Vision:
We exist to empower financial inclusion and enable sustainable growth for individuals and business across the Kingdome.
Mission:
We aim to drive inclusive financial solutions and innovative lending experiences that support the evolving needs of individuals and MSME’s across Saudi Arabia
Strategic Pillars:
- Sustainable Portfolio Growth.
- Market Share & Competitiveness.
- Accelerated Digital Transformation.
- Operational Efficiency.
- Financial Sustainability.
- Human Capital Empowerment.
Awards & Certificates
Board of Directors
Saad Abdulmohsen Al-Humaidi
Abdulmohsen Mohammed Al-Saleh
Bandar Mohammed Al Baiz
Yousef Ibrahim Al-Shaer
Salman Abdulaziz bin Shahween
Ata Hamad Al Bayouk
Turki Nasser AlQahtani
Dr. AbdulKarim Hamad AlNujaidi
Summary of Board Members’ Biographies
Senior Management
Khalid AbdulAziz AlJanidel
Khalid AbdulAziz AlJanidel
DHARI HOMOD ALJARBA
ALI HASSAN ALSHAWAF
MOHAMMED SAAD ALSUHAIM
TALAL SHAMROUKH ALAMANI
KHALED SALAH SALEM
HUSSAIN MOHAMMED ALSHKRAH
Sharia Committee
SHEIKH ABDULLAH BIN SULAIMAN AL MANEEA
Dr Abdulrahman Abdulaziz Alnafisah
DR MOHAMMED ALI ELGARI
Curriculum Vitae of Sharia Committee Members
Corporate Governance
Rules to lead and guide the Company that includes mechanisms to regulate the various relationships between the Board, Executive Directors, shareholders and Stakeholders, by establishing rules and procedures to facilitate the decision making process and add transparency and credibility to it with the objective of protecting the rights of shareholders and Stakeholders and achieving fairness, competitiveness and transparency on the Exchange and the business environment.
Both the Board and Management benefit from deep industry experience as well as stringent risk management policies and procedures. We have an executive management team with market-leading capabilities, extensive knowledge and long track records gained through careers in the banking sector and The Board of Directors, with its high level of experience, acts as a supervisor of a strong governance framework
Corporate Governance
Articles of Association of the Company
Conflict of interest policy and standards standards
Nayifat Company plans to expand its network of branches. We operate twenty-four (24) branches in thirteen (13) regions in the Kingdom of Saudi Arabia, with the aim of expanding in remote areas, especially those that have the purpose of this policy of regulating conflict of interest (and it is indicated referred to herein as the “policy”) is to protect the interests of Nayifat Finance Company (hereinafter referred to as the “company”) in the event that entering into a commercial transaction or arrangement would achieve personal benefit for the employee, official, manager or member of the company’s board of directors, and To provide the company with a procedure that, if followed, aims to consider the commercial transaction binding and enforceable, even in the event of a possible conflict of interest of the employee, official, manager or board member regarding the commercial operation.