CMA permits Jana Financial to provide investment, real estate funds distribution service

16/04/2024 Argaam
Logo ofThe Capital Market Authority (CMA)

Logo of The Capital Market Authority (CMA)

The Capital Market Authority (CMA) said that Jana Financial Co. completed the commencement of business requirements for the financial technology permit in relation to investment and real estate funds distribution.

 

In a statement on its website, the authority clarified that the step came based on the Capital Market Law issued by Royal Decree No. (M/30) dated Sept. 23, 2020, its implementing regulations, and the Financial Technology Experimental Permit instructions issued by the board of the authority.

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