Raya Financing Company

Raya Financing Company is a Saudi closed joint-stock company based in Dammam, Eastern Province. Licensed by the Saudi Central Bank, it specializes in sharia-compliant financing solutions for vehicles across the Kingdom of Saudi Arabia. The company reported annual revenue of $6.3 million in 2024 and employs between 88 to 122 people. Raya Financing offers a complete range of retail and corporate financing products, including Ijara financing, which constitutes 94% of its receivables, and Murabaha financing, making up 6%. The company provides financing for both new and used vehicles, including cars and specialized vehicles like rapid response and patient transport options.