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Industry news

ISLA releases SBL guide for Saudi Arabia


20 February 2024 Saudi Arabia
Reporter: SFT

Generic business image for news article
Image: AdobeStock/vadim.nefedov
The International Â鶹´«Ã½ Lending Association has released a .

This volume has been compiled with insights from ISLA members, working groups and with strategic counsel from Latham & Watkins. It represents the first in a series of SBL guides that will be published this year by the industry association.

The guide argues that Saudi Arabia and the Middle East offer ripe opportunities for new businesses, particularly in the financial services and capital markets sector.

Against this background, the SBL sector is well positioned to support the development of a deep and liquid capital market and to contribute to the objectives detailed in the Kingdom’s 2030 Economic Vision, which targets growth and economic diversification.

ISLA indicates that it aims to publish a number of additional country-specific guides during 2024, providing an overview of the SBL market in specific locations and details of regulatory changes, market frameworks and netting options.
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