Tamweel Aloula Achieves Highest Annual Profit in Company History with 1.86 billion SAR in 2021

Tamweel Aloula Achieves Highest Annual Profit in Company History with 1.86 billion SAR in 2021

Dhahran, Saudi Arabia – Saudi’s Tamweel Aloula, the financial solution provider licensed by the Saudi Arabian Central Bank (SAMA), announced that it has achieved the highest annual profit in its history, with a SAR 50 million (before zakat) for the financial year 2021. The company’s financial performance for the year registered a total asset growth of more than 76% YOY to SAR 1.86 billion. Hani Al-Afaleq, Tamweel Aloula’s Chairman, indicated that the outstanding record results achieved by the company have been possible thanks to the ambitious strategic plans laid out…