The most important legal news in local newspapers
We in Ben Arafa Law Group Consulting & Legal Legitimacy L.L.C likes to provide you of the most important legal news in the local newspapers for this week, which related to your business and commercial, labor and procedural activities, and accordingly we provide you with the most important news as follows:
Administrative Judiciary Council Approves the Application of Territorial Jurisdiction Floating in Administrative Courts
Under the presidency of Dr. Khalid Alyousef, the Administrative Judiciary Council approves the digital litigation rules, and forming (114) digital judiciary circuits in the administrative courts, that was at the hearing of the 27th of May, 2025. The most prominent elements of the hearing include applying the floating territorial Jurisdiction, where it is not necessary to define the court at filing the claim through “Moen” website, as the claim is transferred directly to a concerned digital judiciary circuit. That contributes in facilitating procedures and achieving prompt justice. That transformation represents a critical step towards developing judiciary work and raising the competence of administrative courts system.
Saudi Central Bank Issues updated Rules for Issuing and Operating Credit Cards to Reinforce Transparency and Decreasing Costs
Saudi Central Bank “SAMA” announces issuing the rules for issuing and operating credit cards in its updated edition, upon the supervisory and controlling role on the financial sector. Those rules will replace “the rules for issuing and operating credit cards and monthly payment” which were applicable previously. The updates rules aim at reinforcing the levels of disclosure and transparency in the credit cards related treatments and decreasing the expenses which the customers pay. That is in accordance with the sector developments and agrees with the variety of credit products, according to the best international practices. The rules include detailed judgments that regulate the mechanism of issuing and operating cards, they explain the related financial procedures, contribute in raising the financial awareness level of customers, in addition to adapting a regulatory environment that supports creativity in the payments sector. In that context, the Central Bank points out that it has coordinates with the international payment companies to reassess the expenses related to credit cards operations and working for reducing them, for supporting digital payments system, and providing flexible and varied payment options for customers and beneficiaries in the KSA, according to the Saudi Vision 2030.
Ministry of Finance Approves a New Amendment of the Executive Bylaw for Collecting Zakat
Minister of finance issues a decree for approving the amendment of article number seventy three of the executive bylaw for collecting Zakat. That is through the efforts for developing Zakat system to match the reality of the economic activities, especially in the real estate sector and on map sale projects. The decree – which becomes enforceable from the fiscal year the commences from the 1st of January, 2025- amends the method of treating Zakat of property projects which are being established and on-map sale projects, through approving new calculation mechanisms that depend on defined portions of sale costs, assets sorting, and total fiscal additions through the year.
The amendment includes:
Allocating the annual percentage of 25% as a minimum for calculating the sale costs of properties which are being established and which are sorted as non-current assets. Also it includes permitting the settlement of the value of on-map sale projects- which are licensed by the concerned authority- from Zakat fund, according to a defined accounting equitation, in a condition of the result being positive. Also it includes approving detailed rules for the distribution of current and non-current assets settlement according to their financial sorting, in addition to granting the authority of Zakat, Taxes and Customs the authority for revising sales cost percentage and amending it according to market conditions. Also, it includes obliging the authority to prepare a study for the new treatment assessment after the completion of one year of application, then filing it the board of directors. That amendment aims at improving business environment and providing more flexibility and transparency for tax payers in the real estate sector that reinforces compliance and achieves balance between Zakat rights and sustainability of investment projects, according to the KSA vision of 2030.
Legal Information:
In a case you fails to use your car which is covered by security because of the agent delay, you will deserve compensation, in the following cases:
In a case that the agent fails to provide another car during the maintenance works period.
In a case he fails to provide spare parts on the defined time.
In a case he delays the completion of maintenance works than the agreed time.
In the above stated cases, the agent undertakes to compensate you with an amount (equals 1% to 400 riyals) of the car value per each delay day where you cannot use it.
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