Yanal Finance Company

What Yanal Finance Company does

Yanal Finance Company is a Saudi closed-joint stock company operating as a Sharia-compliant non-banking financial institution under SAMA License No. 201403/Ash/7, headquartered in Riyadh with a six-branch footprint across the Kingdom's principal commercial cities (Riyadh, Jeddah, Al Khobar, Jubail, Khamis Mushait, and Al-Qassim). Founded in 2001 (formerly Saudi ORIX Leasing Company) and operating with a 550 million SAR capital base and 51-100 employees, the company extends lease, Murabaha, sale-and-leaseback, Kafalah-guaranteed, Monshaat-funded, and corporate financing products to Saudi SMEs (under 200M SAR revenue), corporates, and real estate developers.

The business is built on a multi-channel distribution architecture anchored by physical branches, integration with Saudi government SME programs (Kafalah guarantee and Monshaat-funded facilities) that supply both credit risk coverage and deal flow, and SADAD payment-system connectivity for transaction processing. Product scope spans equipment and asset leasing, working-capital Murabaha, structured SME and corporate financing, and real estate development financing (RED). Sharia-compliance is overseen by an internal Sharia Supervisory Board, and the offering is positioned as fully Sharia-compliant.

Revenue mechanics are typical of an NBFI: net spread income on lease rentals and Murabaha markups, fee income on guarantees and structuring, and financing-income from RED exposure. The customer mix spans SME, corporate, and real-estate segments, with no anchor-tenant disclosure. Government-program integration (Kafalah, Monshaat) functions as both a risk-mitigation layer and a distribution gateway, while the recent rebrand from Saudi ORIX Leasing Company to Yanal Finance Company signals a full ownership and identity reset at the 22-year mark.

Name

Yanal Finance Company

Legal name

YANAL Finance Company

Website

https://yanal.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

51–100 employees

Short description

Yanal Finance Company is a Saudi SAMA-licensed non-bank financial institution that provides Sharia-compliant leasing, Murabaha, and corporate financing to SMEs, corporates, and real estate developers across Saudi Arabia via six branches and government program partnerships.

Ownership category

akta.pro rank

Product category

Islamic Non-Banking Financial Services

NAICS

Sales Financing (52222)

SIC

Miscellaneous Business Credit Institution (6159), Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Islamic SME & Commercial Banking (FSABAGAB)

akta.pro secondary industries

Islamic Corporate Banking (FSABAGAC), Shariah-compliant Financing Products (Murabaha, Ijara, Tawarruq, Istisna, Salam) (FSABAGAH), Islamic Trade Finance & Supply Chain (Shariah-compliant) (FSABAGAE)

Keywords

• Islamic finance services
• SME financing solutions
• Corporate leasing services
• Sharia-compliant financing
• Asset financing products

Headquarters

HQ city

Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Leasing Services: Financial leasing services for asset procurement, where ownership remains with YANAL during lease period and transfers to lessee upon completion of payments.
2. Murabaha Facility: Islamic financing product working as a sales contract, providing cost-plus financing for business needs including working capital and capital expenditures.
3. Corporate Financing: Structured financing solutions for large corporations across industries, including specialized asset financing for vehicles, factories, machinery, and commercial real estate.
4. Sale and Leaseback: Financing solution that unlocks equity tied up in fixed assets by selling them to YANAL and leasing them back.
5. Real Estate Development Financing (RED): Financing for property developers for land development, residential, and commercial projects with repayment from sale proceeds.
6. Kafalah Guaranteed Financing: Government-backed financing program in partnership with Kafalah for SME risk coverage.
7. Monshaat Funded Facilities: SME financing facilities funded through Monshaat (Small and Medium Enterprises Bank) support programs.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Yanal Finance Company is a Saudi non-banking financial institution that provides Sharia-compliant (Islamic) financing solutions to businesses. Its offerings include financial leasing, sale-and-leaseback, Murabaha working-capital facilities, Kafalah-guaranteed financing, Monshaat-funded SME facilities, dedicated SME financing, corporate financing for large enterprises, and real estate development financing (RED). The company operates as a closed-joint stock company licensed by the Saudi Central Bank (SAMA) and serves clients through a six-branch network across Saudi Arabia.

Product overview

Yanal Finance Company offers a comprehensive suite of Islamic-compliant financial services in Saudi Arabia, consisting of eight core products: Leasing Services and Sale and Lease back for asset financing; Murabaha Facility for working capital; Kafalah Guaranteed Financing and SME Bank Funded Facilities (Monshaat) for government-supported SME financing; Small and Medium Enterprise Financing for businesses under 200 million SAR revenue; Corporate Financing for large enterprises across industries; and Real Estate Development Financing (RED) for property developers. Formerly known as Saudi ORIX Leasing Company, Yanal operates as a non-bank financial institution licensed by the Saudi Central Bank since 2001 with a capital of 550 million Saudi riyals.

Differentiator

Problem solved

Functional benefit

Products and services

• Leasing Services Financial leasing services that assist clients with asset procurement requirements across production assets ranging from office equipment to large factories. Ownership remains with Yanal during the lease period and transfers to lessee upon completion of payments.
• Sale and Leaseback Financing option that helps businesses unlock equity tied up in fixed assets by selling them to Yanal and leasing them back.
• Murabaha Facility Islamic financing product structured as a sales contract (cost-plus), providing working capital and capital-expenditure financing for commercial entities. Annual percentage rates range from 13.25% to 16%, with administrative fees of 1%-2.5%.
• Kafalah Guaranteed Financing Government-backed SME financing program in partnership with Kafalah, an initiative by the Ministry of Finance and Saudi Industrial Development Fund that provides credit guarantee coverage for SME financing facilities.
• SME Bank Funded Facilities (Monshaat) Financing facilities funded through Monshaat (Small and Medium Enterprises General Authority) support programs that organize, support, develop, and sponsor the SME sector in accordance with global best practices.
• Small and Medium Enterprise Financing Specialized financing for SMEs with annual revenues under SAR 200 million, including supported financing options and liquidity solutions.
• Corporate Financing

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core.

• Kafalah (Saudi Program for Supporting and Developing Small and Medium Enterprises)coreStrategic or Co-development PartnerYANAL participates in the Kafalah program which provides credit guarantee coverage for SME financing facilities. The program is an initiative by the Ministry of Finance and Saudi Industrial Development Fund, enabling YANAL to offer financing to SMEs with reduced risk exposure.
• Monshaat (Small and Medium Enterprises General Authority)coreStrategic or Co-development PartnerYANAL offers financing facilities funded through Monshaat support programs, which organize, support, develop and sponsor the SME sector in accordance with global best practices.
• SADAD Payment System (Saudi Central Bank)coreTechnology or IntegrationIntegration with SADAD electronic payment system launched by Saudi Central Bank, providing instant settlement for customer bill payments through YANAL's biller code 165.
• Saudi Central Bank (SAMA)coreOthersLicensed and supervised by Saudi Central Bank under License No. 201403/Ash/7. Subject to regulatory oversight ensuring compliance with banking and finance regulations.

Scale indicators4 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• Alinma Bank: Major Saudi Islamic bank with strong SME and corporate finance franchises. Competes directly with Yanal on Murabaha and Ijara offerings to Saudi businesses, with broader product range and capital base.
• Bank Aljazira: Saudi bank with growing Islamic finance and SME lending portfolio, providing Sharia-compliant corporate financing products that overlap with Yanal's offerings, particularly in western region branches.
• Saudi National Bank (SNB): Largest Saudi bank by assets, formed from NCB merger, offering extensive corporate finance and Islamic products. Competes for the same corporate and SME financing mandates as Yanal with materially larger capital base.
• Al Rajhi Bank: Largest Islamic bank in Saudi Arabia by assets, offering comprehensive corporate and SME Sharia-compliant financing. Dominant incumbent that sets pricing benchmarks across the Islamic finance market.
• Bank Albilad: One of Saudi Arabia's leading fully Sharia-compliant banks offering SME financing, Murabaha, Ijara, and corporate finance. Larger balance-sheet competitor with deposit-taking advantage but overlapping product set.

Direct peers

• Al Yusr Leasing and Financing Company: Saudi non-bank finance company offering leasing, Ijara, and Murabaha products to SMEs and corporates under SAMA supervision. Closest direct peer given similar size, product suite, and Islamic finance focus.
• Amlak International for Real Estate Finance: Saudi non-bank finance company licensed by SAMA focused on Sharia-compliant real estate and housing finance. Comparable as a smaller SAMA-licensed non-bank specializing in Islamic finance products.
• National Finance Company: Saudi non-bank finance institution offering corporate and SME financing products including leasing and Murabaha. Directly comparable business model and target customer segments.

Emerging players

• D360 Bank (Saudi Digital Bank): Saudi digital-only bank offering Sharia-compliant SME lending products. Emerging fintech competitor targeting the same SME segment as Yanal with a digital-first delivery model.

Regional players

• Saudi Real Estate Refinance Company (SRC): Saudi government-backed entity that provides liquidity to real estate finance providers. Comparable in being a Saudi-focused Sharia-compliant housing/real estate finance intermediary, though operating at a different stage of the value chain.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/yanalfinance
• LinkedInlinkedin.com/company/yanalfinance

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Yanal Finance Company