Quara Finance Co. Announces the Official Launch of its Partnership with " noon " to Offer Innovative Digital Financing Solutions

“noon” is one of the leading e-commerce platforms in the Kingdom. The agreement was signed with the aim of making Quara available as an approved financing option to noon users, in compliance with the regulations of the Saudi Central Bank and the provisions of Islamic Sharia.

This partnership allows Quara to offer innovative financing solutions through an integrated digital infrastructure that leverages the latest financial technologies. Through this partnership, Quara Finance will enable noon users to access a range of tailored financing solutions designed to enhance convenience, flexibility, and addresses the customer needs.

This initiative reflects Quara’s ongoing commitment to supporting the Saudi digital economy and developing modern financial solutions that contribute to the growth of the financial and commercial services sectors. It also aims to strengthen the integration of financing services with electronic platforms, in line with the goals of the Financial Sector Development Program and Saudi Vision 2030.

We also confirm that there are no related parties involved in this agreement, and the financial impact will be reflected based on the orders executed by customers after the official launch.