About Us

Raya Financing Company is specialized in Auto financing and its licensed by Saudi Central Bank (SAMA). The main headquarter is in Dammam and Raya’s Financing services are available all over the Kingdom of Saudi Arabia. Raya Financing Company is the first financing company that have provided all their online services through application and website.

Mission & Vision:

Mission:
Customer Satisfaction is our competitive advantage in Auto Leasing, to become the leader in Auto leasing for the Saudi Market for individual or corporate weather in eastern province or all over the Kingdom.

Vision:
Utilizing our expertise and heritage we will reach our Mission. Through our customer centric approach, Transparent, Agility, excellence in after sale services where every client’s satisfaction is important to us, whether individual or corporate.

Board of Directors and Management

Abdullah Ali Al Majdouie
Abdullah Ali Al Majdouie

Chairman (Non-Executive)

Yousef Ali Al Majdouie
Yousef Ali Al Majdouie

Vice-Chairman (Non-Executive)

Omar Ali Al Majdouie
Omar Ali Al Majdouie

Member of the Board of Directors (Non-Executive)

Sumeet Khutale
Sumeet Khutale

Member of the Board of Directors (Independent-Member)

Adel Saleh Alhowar
Adel Saleh Alhowar

Chief Executive Officer

Shariah Committee

Dr. Abdullah Bin Mohammed Alomrani
Dr. Abdullah Bin Mohammed Alomrani

Chairman of Shariah Committee


Has PhD in Islamic Roles (Alfiqh) and title of the thesis is (Financial contracts: a fundamental and applied Islamic study), works as a professor of Islamic Roles (Alfiqh) in Imam Mohammed Ibn Saud Islamic University. Chairman and member of the Shariah Committee of many investments companies.

Mr. Hasan Bin Abdullah Alhamami
Mr. Hasan Bin Abdullah Alhamami

Member of Shariah Committee


PhD researcher in College of Shariah in Imam Mohammed Ibn Saud Islamic University. Shariah audit at Almajdouie Holding Group and member of its Shariah Committee. Works also as a Secretary General of Almajdouie Endowments, and CEO of Ali Bin Ibrahim Almajdouie and his family charitable foundation.