"Credit Cards in Saudi Arabia" Now Available at Fast Market Research
The wider provision of Sharia-compliant credit cards by banks, both Islamic and conventional, seems the most important factor that stimulated the market in 2011. This trend encouraged Saudi people who previously refused credit cards, to accept and use these cards. The Saudi nationals in general are heavily dependent on credit to finance their high spending and consumption but the relatively limited Islamic credit card options in the past were an obstacle to using credit cards. Islamic banks are.
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