Finance, Exchange & Remittances · FER Musrefy Award 2026
Financing & Leasing Services Award
Honours flexible financing solutions that meet the needs of individuals and enterprises.
How this award is scored
- Evaluation
- 100% automatic, from the data and evidence you submit
- Minimum score to win
- 70 / 100
- Measurement period
- The last full financial year before nominations open (2025), compared with 2024 for growth measures
Who can apply
- A licensed finance or leasing company, or the financing and leasing unit of a licensed bank, authorised by the regulator in its country
- Financing or leasing activity for at least three years before the measurement period
- Audited financial statements available for 2024 and 2025
- No final material regulatory or judicial sanction against the nominee during the measurement period
- When a product or initiative is nominated, every indicator is calculated for that product or initiative alone, with its data reported separately
Indicators and weights
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15%
Financing and leasing portfolio growth
Percentage change in the net financing and leasing portfolio between end-2024 and end-2025. Growth above 25% scores below the optimal band because it raises risk.
Points
- ≥ 25 % 85
- 12 – < 25 % 100
- 5 – < 12 % 70
- 0 – < 5 % 40
- -100 – < 0 % 10
Evidence
Audited 2024 and 2025 financial statements with the portfolio note
-
20%
Non-performing financing ratio
Stage 3 or 90-days-past-due financing and leases as a share of the gross portfolio at end-2025
Points
- 12 – < 100 % 10
- 7 – < 12 % 30
- 4 – < 7 % 55
- 2 – < 4 % 80
- 0 – < 2 % 100
Evidence
Credit quality note in the audited statements or the regulatory return for end-2025
-
15%
SME share of new financing
Value of financing and leases granted to SMEs, under the official national definition, as a share of all new financing granted in 2025
Points
- 40 – < 100 % 100
- 25 – < 40 % 80
- 10 – < 25 % 50
- 0 – < 10 % 20
Evidence
SME return filed with the regulator or a certificate from the external auditor
-
15%
Approval-to-disbursement time
Average working days between receiving a complete application and disbursing the financing or delivering the leased asset, across all new contracts in 2025
Points
- 20 – < 180 days 10
- 10 – < 20 days 30
- 5 – < 10 days 55
- 2 – < 5 days 80
- 0 – < 2 days 100
Evidence
Report from the loan management system showing receipt and disbursement dates and the calculation method
-
10%
Return on average assets
Net profit after tax for 2025 divided by the average of opening and closing total assets; a bank's financing unit uses the segment profit and segment assets from the operating segments note (IFRS 8)
Points
- 2 – < 50 % 100
- 1 – < 2 % 70
- 0 – < 1 % 40
- -50 – < 0 % 0
Evidence
Audited 2025 financial statements, with the operating segments note where relevant
-
10%
Provision coverage ratio
Total expected credit loss allowances divided by the non-performing (Stage 3) financing balance at end-2025, a balance-sheet resilience measure that can be calculated for a company and for a bank unit alike
Points
- ≥ 100 % 100
- 80 – < 100 % 80
- 50 – < 80 % 50
- 0 – < 50 % 20
Evidence
Expected credit loss note in the audited 2025 financial statements
-
15%
Complaints per 10,000 contracts
Customer complaints registered in 2025 per 10,000 contracts outstanding on average during the year
Points
- ≥ 40 complaints per 10,000 contracts 15
- 15 – < 40 complaints per 10,000 contracts 45
- 5 – < 15 complaints per 10,000 contracts 75
- 0 – < 5 complaints per 10,000 contracts 100
Evidence
Complaints unit report filed with the regulator, with the number of outstanding contracts
Each indicator gives 0 to 100 points; its share of the total is its weight. Ties are decided by the indicators listed first in the scorecard; payment or package never affects the score.
Cycle timeline
-
Done
Nominations open
-
Upcoming
Nominations close
-
Upcoming
Judging starts
-
Upcoming
Judging ends
-
Upcoming
Results announced
Times are in Asia/Riyadh (UTC+03:00).
Results
Results are announced only after final approval.
