Saudi Shura Council approves cancelling installment sale system

Riyadh – Mubasher: Saudi Arabia’s Shura Council, a top advisory council to the government, approved cancelling the installment sale system issued in 4 Rabi' Al Awwal 1426 (13 April 2005).  

Measures for issuing the related draft law will be halted, Shura Council tweeted.

On a side note, the Shura Council approved amending some ownership regulations of real estate units.

 

Mubasher Contribution Time: 17-Jun-2019 11:50 (GMT)
Mubasher Last Update Time: 17-Jun-2019 11:57 (GMT)