13,600 mortgage e-authentications completed, Saudi ministry reports

Newly constructed private villas are seen near Riyadh, Saudi Arabia, May 29, 2018. (File/Reuters)
Updated 26 June 2019
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13,600 mortgage e-authentications completed, Saudi ministry reports

  • The mortgage electronic authentication service can be accessed via the ministry’s website (www.moj.gov.sa)

RIYADH: The mortgage electronic authentication service, launched by the Justice Ministry three months ago, has completed more than 13,600 e-authentications.
The ministry reported that there were 3,409 electronic applications for vacating property, 8,776 mortgage update applications, and 3,754 requests to issue duplicate mortgages in cases of loss or damage.
The new service guarantees beneficiaries the option of transferring ownership of their property using the electronic mortgage within an hour without any charge.
The launch of e-authentications came in response to the digital transformation in documentation announced by Justice Minister Walid Al-Samaani earlier this year.
This service, which is available to all, allows the beneficiary to verify the validity and effectiveness of a mortgage before visiting the notary.
The system comes as part of the unified services page provided by the ministry for registering and vacating property.
The page offers a number of electronic services, including applying for vacating property, which eliminates about 70 percent of the usual procedures.
The ministry also launched a service for updating a mortgage to an e-mortgage. The request is submitted as an e-mortgage with other documents, and when the request is complete, the beneficiary is notified to collect the e-mortgage.
The mortgage electronic authentication service can be accessed via the ministry’s website (www.moj.gov.sa).


Saudi efforts to promote tolerance, moderation lauded

Updated 14 min 44 sec ago
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Saudi efforts to promote tolerance, moderation lauded

RIYADH: The rector of the Islamic University of Brussels hailed Saudi efforts to promote moderate Islam, reject extremism, fight against terrorism, serve the religion and its followers, and respond to aberrant ideologies that have harmed the Muslim world.

Dr. Mustafa Khader Donmez also praised the programs carried out by the Saudi Ministry of Islamic Affairs, Dawah and Guidance.

“The Kingdom has established specialized scientific, educational and media institutions, called for the unity of the Islamic nation, and cooperated with all that strengthens the nation’s unity and preserves its security,” he said.

“Saudi Arabia has been holding conferences inside and outside the Kingdom, to which it invited scholars and specialists, in cooperation with regional and international bodies to promote Islamic tolerance and address the causes of extremism and terrorism.”

Donmez said the Kingdom has invited Islamic institutions and international bodies to implement programs and events that fight extremism and condemn terrorism.

“The Kingdom is keen to promote international peace and communication between cultures and the followers of different religions through calling for interreligious and intercultural dialogue, a domain in which the Kingdom has been a pioneer,” he added.

Saudi Arabia “has taken the lead in spending for this purpose as it is in line with its high status on the Islamic and international levels,” he said. SPA Riyadh