Increasing the percentage of qualified people with disabilities in employment

Saudi Central Bank (SAMA)
Reference No.: 43070746
Date: 1443/08/17 (AH)
Attachments: None

Circular

To:
Esteemed Institutions,

Peace, mercy, and blessings of God be upon you.

Subject: Raising the percentage of qualified employees with disabilities.

Based on the authorities vested in the Saudi Central Bank under relevant systems, regulations, and circulars, and referring to Article (Twenty-Eight) of the Labor System, issued by Royal Decree No. (M/50) dated 1426/8/23 AH, which mandates employers employing (twenty-five) persons or more to employ at least (4%) of the total workforce as qualified persons with disabilities, commensurate with the nature of work; and following up on SAMA circulars issued under Circular No. (14039.501) dated 1441/7/3 AH regarding services provided to persons with disabilities in financial institutions; and referring to the targets of the National Transformation Program for empowering persons with disabilities in the labor market, and continuing SAMA's efforts aimed at raising the compliance level of financial institutions with systems and their participation in national plans and strategies.

Accordingly, the Saudi Central Bank emphasizes the importance of raising the percentage of qualified employees with disabilities; to reach at least the rate specified by the system, commensurate with the nature of work, and to ensure that necessary means for their job performance are provided.

For information and action, effective from its date.
Yours sincerely,

Fahd bin Ibrahim Al-Shathri
Deputy Governor for Supervision

Distribution Scope:

• Banks and financial institutions operating in the Kingdom.

P.O. Box 2992 Riyadh 11169, Kingdom of Saudi Arabia Tel: +966 11 463 3000
P.O. Box 2992, Riyadh 11169, Kingdom of Saudi Arabia Tel: +966 11 463 3000