Market: Tadawul (NomuC) Symbol:9596 ISIN:SA16107KLU11 Industry:Financial Services

Quara Finance is a Saudi company licenced by the Saudi Central Bank. We are disrupting the world of consumer and SME finance by delivering Shariah-compliant products and financing solutions instantly to customers through one simple app.

Quara Finance was established in 2009 as a Limited Liability Company (LLC.) In the first quarter of 2013, we transformed into a closed shareholding company with capital of SAR 100 Million. Our capital increased in the third quarter of 2017 to SAR 150 million and today it reach up to 300 million SAR.

Share data 16/05/2024
KEY FIGURES (SAR Thousands) 2021 2022 2023
Statement of Comprehensive Income      
Income from operations 35,524 51,512 55,987
Net income for the year before zakat 43,701 60,407 63,044
Net income for the year after zakat 31,795 50,838 53,787
Statement of Financial Position      
Total assets 1,102,190 930,208 765,085
Total liabilities 814,292 591,473 372,562
Net shareholders's equity 287,898 338,726 392,522
Statement of Cash Flows      
Net cash generated from operating activities 39,749 203,495 101,466
Net cash utilized in investing activities (4,960) (3,415) (6,404)
Net cash utilized in financing activity 43,406 (215,188) (234,695)
Cash and cash equivalents at end of the year 196,549 181,442 41,809
Key Indicator      
Earnings per share (SAR) 1.06 1.69 1.79