Raya Financing
Shariah-compliant auto finance across Saudi Arabia
Dammam, Saudi Arabia · Founded 2014
- Headquarters
- Dammam
- Employees
- 51–200
- Founded
- 2014
- Business Model
- B2C
- Website
- impact46.sa
About
Raya Financing is a leading Shariah-compliant auto financing company in Saudi Arabia, licensed by the Saudi Central Bank (SAMA) and owned by the Public Investment Fund (PIF). The company provides Ijarah (lease-to-own) and Murabaha financing solutions for individuals and businesses seeking ethical vehicle ownership across the Kingdom. Headquartered in Dammam, Raya Financing operates a network of 36 main agents and 152 sub-agents nationwide, supporting Saudi Vision 2030's goals of economic diversification and financial inclusion. In 2024, the company secured SAR 1.3 billion in funding and is recognized as the fastest-growing Shariah-compliant auto financing company in the Kingdom.
Summary
Raya Financing is a Fintech company based in Dammam, Saudi Arabia, founded in 2014. Investors include Impact46.
Tech & App Stack
1 technologies & apps tracked
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Funding History
Feb 2025
Investors
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