Kafalah guarantees financing from cooperating financiers for the existing and new activity, while there are criteria for eligible activities

Key criteria for eligible activities.

  1.  The activity should be economically and financially feasible from the point of view of the Program and the financier and in line with Saudi Vision 2030.
  2.  The activity contributes to enhancing the competitiveness of the Kingdom's MSMEs.
  3. The activity recruits and trains Saudis. 4. The activity contributes to the replacement of imported products by local products.
  4. The activity produces innovative goods and services.
  5. Foreign majority-owned enterprises may be guaranteed if the activity is a targeted activity and obtains high rate of Saudization in Nitaqat (high green or platinum). ​