Rifd Integrated Company
Planned Saudi micro-consumer finance company being set up by Jarir Marketing Company, Aman Egypt and Al-Manea and Partners. SAMA gave preliminary approval in February 2026 and planned capital is SAR 50 million.
Industry: Micro-consumer finance | Location: Saudi Arabia
About Rifd Integrated Company
Rifd Integrated Company is a planned micro-consumer finance company in Saudi Arabia. It is being established by the Saudi retailer Jarir Marketing Co. together with Aman Non-Bank Financial Services and Electronic Payments Co. (Aman Egypt) and Hamad bin Abdullah bin Suleiman Al-Manea & Partners, a Saudi company. In a filing to the Saudi Exchange (Tadawul) around 2 February 2026, Jarir said it had received preliminary approval from the Saudi Central Bank (SAMA) to set up the company, which will conduct micro-consumer finance activity, with capital of SAR 50 million, about USD 13.3 million. Jarir said Rifd is the entity referred to in a non-binding memorandum of understanding signed with the two partners. Argaam and Mubasher reported that the MoU, dated December 2024, envisaged a consumer finance company with SAR 100 million in initial capital and ownership split 49% to Jarir, 41% to Aman Egypt and 10% to Al-Manea & Partners; Forbes Middle East dated the MoU to January 2025. The later filing carries the reduced capital figure. An Enterprise report on the approval gave Aman a 40% stake. Jarir stressed that the approval is preliminary and is not a final licence to start financing operations. The company still has to meet SAMA's remaining requirements and complete the regulatory procedures to be formed and licensed. In August 2025 the Egyptian parent of Aman, Raya Holding, had said its CFO expected the Saudi venture to launch under the Aman brand in the fourth quarter of 2025 or the first quarter of 2026 at the latest; the approval came later than that. The venture pairs Aman Egypt's experience in consumer finance and microfinance with Jarir's retail network. Jarir operates one of the Kingdom's largest retail chains under the Jarir Bookstore brand, selling consumer electronics, office supplies, books and school supplies through more than 60 showrooms in Saudi Arabia and the Gulf. Rifd is expected to concentrate on small consumer credit and could connect with Jarir's stores to offer point-of-sale financing.