{"id":62887,"date":"2024-03-13T00:05:01","date_gmt":"2024-03-13T00:05:01","guid":{"rendered":"https:\/\/gulftech-news.com\/en\/?p=62887"},"modified":"2025-04-21T13:08:11","modified_gmt":"2025-04-21T11:08:11","slug":"quara-finance-the-leader-in-digital-microlending-successfully-lists-on-nomu","status":"publish","type":"post","link":"https:\/\/gulftech-news.com\/en\/2024\/03\/13\/quara-finance-the-leader-in-digital-microlending-successfully-lists-on-nomu\/","title":{"rendered":"QUARA FINANCE THE LEADER IN DIGITAL MICROLENDING SUCCESSFULLY LISTS ON NOMU"},"content":{"rendered":"\n

QUARA FINANCE THE LEADER IN DIGITAL MICROLENDING SUCCESSFULLY LISTS ON NOMU<\/mark><\/h3>\n\n\n\n


Riyadh: Gulf Tech News<\/strong><\/p>\n\n\n\n

Quara Finance<\/a>, a leading Saudi Company providing innovative Sharia-compliant financial solutions, today announced its successful listing on the Nomu-Parallel Market of the Saudi Exchange (Tadawul).<\/p>\n\n\n\n


The company’s IPO offering of 2.65 million shares, representing approximately 8.83% of its capital, was oversubscribed by 218%, demonstrating strong investor confidence in Quara Finance’<\/a><\/strong>s growth prospects; with qualified investors fully subscribed to the offered shares at an offering price of SAR 15 per share.<\/p>\n\n\n\n


Specialising in consumer and SME financing, Quara Finance<\/a><\/strong> has established itself as a pioneer in the field offering a wide range of innovative financial products and services tailored to meet the needs of its diverse clientele, all while maintaining the utmost standards of corporate governance and ethical business conduct.<\/p>\n\n\n\n


Commenting on the listing, Faisal Abdulrahman Al-Alshaikh, Chief Executive Officer (CEO) of Quara Finance, said: \u201cThis milestone represents a significant step in our journey. <\/p>\n\n\n\n

Our entry into the public market reflects our strategic vision for a sustainable growth trajectory and commitment to expanding our business operations. With a strong focus on digital transformation, technological innovation, and customer-centricity, we will continue to strengthen our position as a key player in the Saudi financial sector.\u201d<\/p>\n\n\n\n


Quara Finance was established in 2009 as a Limited Liability Company (LLC.). With a current capital of SAR 300 million, the company has a strong customer base exceeding 200 corporate clients and over 90,000 individual clients.<\/p>\n","protected":false},"excerpt":{"rendered":"

QUARA FINANCE THE LEADER IN DIGITAL MICROLENDING SUCCESSFULLY LISTS ON NOMU Riyadh: Gulf Tech News Quara Finance, a leading Saudi Company providing innovative Sharia-compliant financial solutions, today announced its successful listing on the Nomu-Parallel Market of the Saudi Exchange (Tadawul). The company’s IPO offering of 2.65 million shares, representing approximately 8.83% of its capital, was …<\/p>\n","protected":false},"author":3,"featured_media":62888,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[622],"tags":[],"class_list":["post-62887","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"yoast_head":"\nQUARA FINANCE THE LEADER IN DIGITAL MICROLENDING SUCCESSFULLY LISTS ON NOMU - Gulf Tech News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gulftech-news.com\/en\/2024\/03\/13\/quara-finance-the-leader-in-digital-microlending-successfully-lists-on-nomu\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"QUARA FINANCE THE LEADER IN DIGITAL MICROLENDING SUCCESSFULLY LISTS ON NOMU - Gulf Tech News\" \/>\n<meta property=\"og:description\" content=\"QUARA FINANCE THE LEADER IN DIGITAL MICROLENDING SUCCESSFULLY LISTS ON NOMU Riyadh: Gulf Tech News Quara Finance, a leading Saudi Company providing innovative Sharia-compliant financial solutions, today announced its successful listing on the Nomu-Parallel Market of the Saudi Exchange (Tadawul). The company’s IPO offering of 2.65 million shares, representing approximately 8.83% of its capital, was …\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gulftech-news.com\/en\/2024\/03\/13\/quara-finance-the-leader-in-digital-microlending-successfully-lists-on-nomu\/\" \/>\n<meta property=\"og:site_name\" content=\"Gulf Tech News\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-13T00:05:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-21T11:08:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2024\/03\/\u0643\u0648\u0627\u0631\u0627-\u0644\u0644\u062a\u0645\u0648\u064a\u0644-.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"1200\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mohamed Helmi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mohamed Helmi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/gulftech-news.com\/en\/2024\/03\/13\/quara-finance-the-leader-in-digital-microlending-successfully-lists-on-nomu\/\",\"url\":\"https:\/\/gulftech-news.com\/en\/2024\/03\/13\/quara-finance-the-leader-in-digital-microlending-successfully-lists-on-nomu\/\",\"name\":\"QUARA FINANCE THE LEADER IN DIGITAL MICROLENDING SUCCESSFULLY LISTS ON NOMU - 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