The governor of the Saudi Arabian Monetary Agency, SAMA Ahmed Al-Khulaifi, stated that the proportion of zakat for a new one that Saudi banks will pay will range between 12 and 14% of the net profit, ruling out the possibility that this percentage will rise In the coming period.

In an interview with Al-Arabiya, Al-Khulaifi added that the growth numbers in the fourth quarter give an optimistic picture of the Saudi economy, as the Saudi economy grew by 3.6% in the fourth quarter, and 2. 2% on an annual basis.

It is mentioned that the banks operating in the Kingdom paid the amount of more than 16.751 billion riyals at the beginning of the year, and this came after the effect of a settlement conducted by the banks with the Zakat and Income Authority for the years The previous settlement until the end of 2017, and the settlement included that Al-Rajhi Bank pay an amount of 5405.3 million riyals, and Samba Bank 2316 million riyals, while the least banks in the settlement came the National Commercial Bank in the amount of 182 million riyals, and the development bank will not pay any amounts, while the settlement included the fiscal year 2018 for some banks.

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