Al Kawthar Leasing Company and CRIF Jordan have signed a credit inquiry service agreement provided by CRIF Jordan. This agreement falls within the framework of Al Kawthar Leasing Company’s efforts to develop its financial services and enhance the efficiency of credit risk assessment for customers, contributing to its goals of offering innovative financing solutions aligned with the best global standards.

The inclusion of Al Kawthar in the credit inquiry service will enable the company to expand its customer base and target broader segments of individuals and institutions, while ensuring the provision of integrated services based on accurate and reliable data. It also supports CRIF Jordan’s strategy to expand its coverage of various economic sectors, contributing to its role in the national financial inclusion plan in the Kingdom.

Mr. Ahmed Amoudi, Managing Director of CRIF Jordan, expressed his delight at Al Kawthar Leasing Company joining the credit inquiry service, stating: "This agreement is part of CRIF Jordan’s efforts to include all leasing companies in the credit inquiry service, reflecting our belief in the importance of the leasing sector as one of the key pillars supporting national economic growth." He added, "We are confident that Al Kawthar’s inclusion in the credit inquiry service will add value to all parties and enhance CRIF Jordan’s ability to provide comprehensive and accurate credit reports to all institutions participating in the company’s services, which support informed financial decision-making."

For his part, Mr. Jamal Fariz, General Manager of Al Kawthar Leasing Company, stated: "Signing this agreement with CRIF Jordan represents a qualitative step for us. From the beginning, we decided to join the credit inquiry service simultaneously with the launch of our credit operations, making this service the cornerstone of our approach to studying potential customers and making credit decisions based on solid foundations and reliable data. This will help us achieve our goals, protect our assets, and enhance our position and market share in the future."

This step underscores the importance of having a reliable partner for financial institutions, providing integrated credit data that supports these institutions in offering better and more inclusive services to their potential and existing customers, thereby boosting confidence in the financial sector in the Kingdom.