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cash rewards

Whistleblowers to receive cash rewards for reporting unauthorized endowments in Saudi Arabia

Whistleblowers in Saudi Arabia who report unauthorized endowments valued at more than SR9 million ($2.4 million) will be rewarded with a financial cut of any resulting seizure. The new strategy was announced by the General Authority of…
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Business

SAMA launches research support program with cash rewards

The Saudi Central Bank (SAMA) on Tuesday launched the Islamic Finance Research Support Program to promote research in the financial sector. SAMA said the program aims to enhance the Kingdom’s leading role in the Islamic finance sector…
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