Mudarabah contracts – an Islamic contract whereby a financier (Ras Al Mal) enters into a profit-sharing agreement with the recipient (Mudreb) with the former assuming all fin
Saudi tax policy jumped into the headlines recently when the kingdom announced its Regional Headquarters Initiative, an ambitious plan to lure multinationals by offering a 30-year
Are SMEs the future of Saudi Arabia?
Saudi Arabia has been pouring immense resources into growing its base of SMEs. It’s part of a fast-moving bid to transform the kingdo
When banks evaluate whether to extend a small business loan, it’s often more art than science. Unlike large companies, which can present banks with years of audited financial
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