It is one of the companies licensed by the Central Bank of Saudi Arabia, which carries out the activity of financing and financial loans in accordance with the Shariah regulations.
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.
Numbers Never Lie!
Application fomr 2021-now
Company Development Stages
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.
After 5 Years
In September 2009, the Company launched its new identity under the name “Osoul Modern Finance Co.”
Get the license
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.
contributes to the realization of the Vision 2030
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.