Riyadh, Safar 5, 1448 AH corresponding to July 19, 2026, SPA - The General Organization for Social Insurance signed a joint cooperation agreement with the Saudi Finance Company to provide personal financing solutions for retirees who are members of the "Taqdeer" program. The signing of this agreement comes as part of the financing track in the "Taqdeer" program, within the framework of the organization's efforts to expand strategic partnerships with various entities in the public and private sectors, aiming to enhance the added value that the program provides to retirees by offering qualitative services and products that meet their aspirations and contribute to improving their quality of life. Under the agreement, the company will provide personal financing to retirees in accordance with Islamic Sharia provisions, with the possibility of obtaining additional personal financing even if there is existing financing from other financing entities. The benefits include the possibility of purchasing existing debts and consolidating the client's obligations, with an early repayment option, in addition to exemption from paying the remaining financing installments in the event of death, God forbid. To obtain financing, the retiree's age must not exceed 65 years at the time the last installment is due. The installments due to the company will be paid through direct deduction from the client's pension, provided that the total deduction does not exceed 25% of the pension, in order to achieve a balance between meeting the retiree's financing needs and maintaining his financial stability. It is noteworthy that the "Taqdeer" program is one of the national initiatives launched by the General Organization for Social Insurance in appreciation of male and female retirees for their years of giving in serving the nation. It offers benefits and discounts in several fields, in cooperation with various entities in the public and private sectors. // End //16:24 PM 0122