GCC Enterprise Awards 2017

6 MEA MARKETS / APRIL 2017 regulations to standardise aspects of these services. SHL would welcome such developments and will seek to continue to work to improve the robustness and professionalism of the sector for the good of all. “SAMA regulation of the home finance sector in 2014 was a positive step for our industry. As one of the first Finance Companies to apply for and be granted our licence we are committed to working with SAMA to ensure compliance with their regulatory objectives and to help them develop new standards for the mutual benefit of clients and the sector.” Looking to the future, remaining at the forefront of industry innovations will be the firm’s core focus as it works with leading regulatory bodies to ensure that it is at the cutting edge of the real estate finance market and meets the ever evolving needs of its clients, as Munis proudly concludes. “Moving forward, we expect to make other enhancements to our product range later this year and into 2018. These will help simplify the home buying process, increase the choice of repayment options and allow our proposition to be even more tailored to the needs and circumstances of individual clients, offering a bespoke service rather than one size fits all solutions. “Over the upcoming year, a key aspect of our 2017 plans is that we will be working closely with the Real Estate Development Fund (REDF) as they roll out their programmes to assist Saudis with home ownership. We and REDF have been engaged for several months with these plans and SHL is a priority partner in the launch of the REDF subsidy programme and Al-Rahan Al-Moyassar programmes. The REDF shares our passion for this vital aspect of the Saudi Arabian economy and we are committed to working together in its development. “Ultimately, the future prospects for SHL are strong. With the resolute backing of our shareholders, the encouragement of our clients and the ongoing enthusiasm and professionalism of our colleagues we are set to make the next ten years of our history even better than the first ten.”