Osoul Modern Finance Company, a licensed company authorized to engage in financing and lending activities in accordance with Sharia regulations. Its headquarters is located in Jeddah, with additional branches in Riyadh and Dammam.
The company is regulated and supervised by the Saudi Central Bank.
Our vision is to be one of the leading companies in providing financing solutions according to the best professional standards and applying the provisions of Islamic Sharia in all our dealings with competitive advantages and easy procedures.
Because our customers deserve the best, we work for leadership, growth and development in the Islamic finance industry by creating the best Shariah financing solutions for individuals and companies.
Communication: We care about enhancing the value of professional communication between employees and customers.
Determination: Achieve the best financing product, the best customer service, the best results and profits.
Skill: Because the world has become more digital, our skills are expanding in finding digital solutions that suit our services
Original: Our roots extend back to years of experience in the fields of finance, beginning with its founder, Sheikh Ahmed Baghlaf.
Numbers are considered the language of success and excellence that everyone understands. Here you will find the numbers of Osoul Modern Finance Company and its most prominent achievements so far.
Osoul was established in Jeddah in 2004 with the capital of 510 thousand Saudi riyals. It was known as Osoul Modern for Installment. The Company continued its progress with the efforts of its board of directors and employees, achieving one success after another.
In September 2009, the Company launched its new identity under the name “Osoul Modern Finance Co.”
In August 2013, the Company’s capital was raised to 100 million Saudi riyals. In March 2015, the Company obtained a license from the Saudi Central Bank.
by financing individuals in both the public and private sectors, through the Murabaha finance system, as well as financial institutions, with easy terms, high finance ceiling, and innovative products, to protect their future and the future of their generations and to ensure the sustainable national development. In pursuit of business development, we aim to provide the SMEs’ basic needs by providing finance programs that are in line with their aspirations and are characterized by speedy implementation and easy procedures.
