‎Islamic finance contracts rise 7% to SAR 2.84T in Q2 2026: SAMA

‎Islamic finance contracts rise 7% to SAR 2.84T in Q2 2026: SAMA ‎Islamic finance contracts rise 7% to SAR 2.84T in Q2 2026: SAMA

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Saudi Arabian banknotes

Shariah-compliant finance contracts in Saudi Arabia rose 7% year-on-year (YoY) to SAR 2.84 trillion in Q2 2026, data from the Saudi Central Bank (SAMA) showed.

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These contracts include Murabaha, Tawarruq, financial leasing, Mudaraba, and Musharaka, as well as credit cards and other Shariah-compliant financing instruments.

Murabaha contracts accounted for the largest share of total financing at the end of Q2 2026, reaching approximately SAR 1.42 trillion, or 50% of the total, according to SAMA data. Tawarruq contracts ranked second at around SAR 1.13 trillion, representing nearly 40%.

According to SAMA data, Murabaha contracts accounted for the largest share of total financing at the end of Q2 2026, reaching approximately SAR 1.42 trillion, or 50% of the total. Tawarruq contracts came second at around SAR 1.13 trillion, or nearly 40% of total financing.

Financial leasing contracts totaled approximately SAR 248.7 billion, while Mudaraba contracts stood at SAR 3.3 billion and Musharaka contracts at around SAR 982 million.

Other financing contracts totaled around SAR 40.8 billion, including credit cards and other financing structures compliant with Islamic Shariah rules and principles.

 

‎

Saudi Arabian banknotes

Shariah-compliant finance contracts in Saudi Arabia rose 7% year-on-year (YoY) to SAR 2.84 trillion in Q2 2026, data from the Saudi Central Bank (SAMA) showed.

These contracts include Murabaha, Tawarruq, financial leasing, Mudaraba, and Musharaka, as well as credit cards and other Shariah-compliant financing instruments.

Murabaha contracts accounted for the largest share of total financing at the end of Q2 2026, reaching approximately SAR 1.42 trillion, or 50% of the total, according to SAMA data. Tawarruq contracts ranked second at around SAR 1.13 trillion, representing nearly 40%.

According to SAMA data, Murabaha contracts accounted for the largest share of total financing at the end of Q2 2026, reaching approximately SAR 1.42 trillion, or 50% of the total. Tawarruq contracts came second at around SAR 1.13 trillion, or nearly 40% of total financing.

Financial leasing contracts totaled approximately SAR 248.7 billion, while Mudaraba contracts stood at SAR 3.3 billion and Musharaka contracts at around SAR 982 million.

Other financing contracts totaled around SAR 40.8 billion, including credit cards and other financing structures compliant with Islamic Shariah rules and principles.

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