Al-Marsad Newspaper: Abdulaziz Al-Maalawi, who is interested in financial markets and financial analysis, revealed the salary loan calculation method for citizens who wish to get the loan.
He said during a speech on the “Saudi Arabia” channel that the financing does not exceed 33.33% for employees at work, in addition to the credit card, as he is incapable of personal financing.
He added: In general, customer obligations should not exceed 45% for people earning less than 25,000 riyals.
He continued: In the case of financing, this percentage increases to between 55 and 65%, depending on the salary and age of the client.