Saudi Arabia SSIC Section K: Financial and insurance activities

Saudi Standard Industrial Classification (SSIC 2026)
Classification Level: Section | Official Code: K

Executive Summary & Classification Scope

SSIC code K designates Financial and insurance activities (لأنشطة المالية وأنشطة التأمين) under the official Saudi Standard Industrial Classification (January 2025 / 2026 Edition, based on UN ISIC Rev. 4) administered by the General Authority for Statistics (GASTAT).

It serves as the mandatory regulatory benchmark for Commercial Registration (CR) with the Ministry of Commerce, MISA foreign investment licensing (allowing up to 100% foreign equity ownership), municipal permits on the Balady portal, and Nitaqat Saudization quota determinations by MHRSD.

Key Classification Facts

Parameter	Official Value
Saudi SSIC Code	`K`
Official Title (EN)	Financial and insurance activities
Official Title (AR)	لأنشطة المالية وأنشطة التأمين
Classification Level	Section
Section Category	Section K — Financial and insurance activities
Parent Entity Code	Top-level Root Entity
Supervisory Authority	Ministry of Commerce / Standard Sectoral Regulator
Licensing Entity	Balady / Sector Ministry
Standard Custodian	General Authority for Statistics (GASTAT)
Edition / Version	SSIC 2025 / 2026 Edition

Sub-Divisions in Section K (3)

Code	Title (EN)	Title (AR)	Details
`64`	Other financial service activities, except insurance and pension funding	أنشطة الخدمات المالية ، فيما عدا تمويل التأمين وصناديق المعاشات	View Code 64 →
`65`	Insurance, reinsurance and pension funding	تمويل التأمين وإعادة التأمين وصناديق المعاشات التقاعدية باستثناء الضمان الاجتماعي الإلزامي	View Code 65 →
`66`	Activities auxiliary to financial services and insurance activities	الأنشطة المساعدة لأنشطة الخدمات المالية وأنشطة التأمين	View Code 66 →

Official 6-Digit Activity Codes in Section K (62 Codes)

Below are official economic activity codes registered under Section K for Commercial Registration (CR) and municipal licensing in Saudi Arabia:

6-Digit SSIC Code	Official Activity Title (EN)	Official Activity Title (AR)	Details
`641911`	National (local) commercial banks	بنوك تجارية وطنية (محلية)	View Activity 641911 →
`641912`	Branches of foreign commercial banks	فروع بنوك تجارية أجنبية	View Activity 641912 →
`641932`	Technology in Financial Services	التقنية في الخدمات المالية	View Activity 641932 →
`641933`	Management and Operating cash Centers	إدارة وتشغيل مراكز النقد	View Activity 641933 →
`641934`	The Banking Agencies	الوكالات المصرفية	View Activity 641934 →
`642001`	Management of Holding Companies subsidiaries	إدارة الشركات التابعة للشركات القابضة	View Activity 642001 →
`642002`	Investing the funds of the Holding Companies subsidiaries	استثمار أموال الشركات التابعة للشركات القابضة	View Activity 642002 →
`642003`	Possessing real estate and movables required for Holding Companies	امتلاك العقارات والمنقولات اللازمة للشركات القابضة	View Activity 642003 →
`642004`	Providing loans, guarantees and financing to the Holding Companies Subsidiaries	تقديم القروض والكفالات والتمويل للشركات التابعة للشركات القابضة	View Activity 642004 →
`642005`	Possessing industrial property rights for Holding Companies Subsidiaries	امتلاك حقوق الملكية الصناعية للشركات التابعة للشركات القابضة	View Activity 642005 →
`642006`	Leasing the Industrial property rights for Holding Companies Subsidiaries	تأجير حقوق الملكية الصناعية للشركات التابعة للشركات القابضة	View Activity 642006 →
`643014`	Issuing Investments Units through Special purposes Entity	إصدار وحدات استثمارية من خلال منشأة ذات أغراض خاصة	View Activity 643014 →
`649100`	Financial leasing	الإيجار التمويلي	View Activity 649100 →
`649111`	Registration of finance leasing contracts	تسجيل عقود الإيجار التمويلي	View Activity 649111 →
`649221`	Real estate financing	التمويل العقاري	View Activity 649221 →
`649222`	Real estate refinancing	إعادة التمويل العقاري	View Activity 649222 →
`649223`	Productive assets financing	تمويل الأصول الإنتاجية	View Activity 649223 →
`649224`	SMEs activities financing	تمويل نشاط المنشآت الصغيرة والمتوسطة	View Activity 649224 →
`649225`	Credit card financing	تمويل بطاقات الائتمان	View Activity 649225 →
`649226`	Consumer financing	التمويل الاستهلاكي	View Activity 649226 →
`649227`	Microfinance	التمويل متناهي الصغر	View Activity 649227 →
`649228`	Consumer Microfinance	التمويل الاستهلاكي المُصغر	View Activity 649228 →
`649231`	Issuance of debt instruments from a Special Purposes Entities	إصدار أدوات الدين من قبل منشأة ذات أغراض خاصة	View Activity 649231 →
`649232`	Debt-based crowdfunding	التمويل الجماعي بالدين	View Activity 649232 →
`649233`	Buy Now Pay Later	الدفع الآجل	View Activity 649233 →
`649913`	activities of viatical settlement companies	التسويات المالية والتعويضات	View Activity 649913 →
`649914`	Registration and preservation of mortgage financing instruments	تسجيل وحفظ صكوك التمويل العقاري	View Activity 649914 →
`649915`	Finance Aggregator Service	الوساطة الرقمية	View Activity 649915 →
`649916`	Finance Debt Collection Service Provider	تحصيل ديون جهات التمويل	View Activity 649916 →
`649921`	Own-account investment activities such as by venture capital companies, investment clubs	أنشطة الاستثمار للحساب الخاص للوحدات المعنية ، يشمل شركات رؤوس الأموال المجازفة، ونوادي الاستثمار	View Activity 649921 →
`649922`	Investment companies activities	أنشطة الشركات الاستثمارية	View Activity 649922 →
`651111`	Protection insurance	تأمين الحماية والادخار	View Activity 651111 →
`651112`	Protection and savings insurance	تأمين الحماية و الادخار	View Activity 651112 →
`651201`	Health Insurance	التأمين الصحي	View Activity 651201 →
`651202`	General Insurance	التأمين العام	View Activity 651202 →

Showing 35 of 62 activities. 🔍 Search all activities in K →

Commercial Business Types Operating in Section K

Business Type	Arabic Name	Primary Code	Industry Sector	Guide
Bank	بنوك تجارية وطنية	`641911`	Finance	Setup Guide →
Blood bank	بنوك تجارية وطنية	`641911`	Finance	Setup Guide →
Car and Motor Insurance Agency	وكالة ومكتب Car and Motor Insurance	`662211`	Automotive	Setup Guide →
Cooperative bank	بنوك تجارية وطنية	`641911`	Finance	Setup Guide →
Currency exchange service	خدمات Currency exchange	`649913`	Finance	Setup Guide →
Health insurance agency	وكالة ومكتب Health insurance	`651111`	Healthcare	Setup Guide →
Income Protection Insurance Company	تأمين الحماية والادخار	`651111`	Finance	Setup Guide →
Insurance agency	وكالة ومكتب Insurance	`662211`	Finance	Setup Guide →
Insurance broker	وساطة التأمين	`662211`	Finance	Setup Guide →
Insurance company	تأمين الحماية والادخار	`651111`	Finance	Setup Guide →
Life Insurance Agency	وكالة ومكتب Life Insurance	`651111`	Finance	Setup Guide →
Money transfer service	خدمات Money transfer	`649913`	Professional Services	Setup Guide →
Organ Donation & Tissue Bank	بنوك تجارية وطنية	`641911`	Finance	Setup Guide →
Private Sector Bank	بنوك تجارية وطنية	`641911`	Finance	Setup Guide →
Public Sector Bank	بنوك تجارية وطنية	`641911`	Finance	Setup Guide →
Savings bank	بنوك تجارية وطنية	`641911`	Finance	Setup Guide →
Sperm bank	بنوك تجارية وطنية	`641911`	Finance	Setup Guide →
Trust bank	بنوك تجارية وطنية	`641911`	Finance	Setup Guide →

Browse All Economic Sections (A–S) in Saudi Arabia

Section	Sector Title (EN)	Sector Title (AR)	Explore
Section A	Agriculture, Forestry and Fishing	الزراعة والحراجة وصيد الأسماك	View Section A →
Section B	Mining and quarrying	التعدين واستغلال المحاجر	View Section B →
Section C	Manufacturing	الصناعة التحويلية	View Section C →
Section D	Electricity, gas, steam and air conditioning supply	إمدادات الكهرباء والغاز والبخار وتكييف الهواء	View Section D →
Section E	Water supply; sewerage, waste management and remediation activities	إمدادات المياه وأنشطة الصرف الصحي وإدارة النفايات ومعالجتها	View Section E →
Section F	Construction	التشييد	View Section F →
Section G	Wholesale and retail trade; repair of motor vehicles and motorcycles	تجارة الجملة والتجزئة وإصلاح المركبات ذات المحركات والدرجات النارية	View Section G →
Section H	Transportation and storage	النقل والتخزين	View Section H →
Section I	Accommodation and food service activities	أنشطة خدمات الاقامة والطعام	View Section I →
Section J	Information and Communication	المعلومات والاتصالات	View Section J →
Section K (Current)	Financial and insurance activities	لأنشطة المالية وأنشطة التأمين	View Section K →
Section L	Real estate activities	الأنشطة العقارية	View Section L →
Section M	Professional, scientific and technical activities	الأنشطة المهنية والعلمية والتقنية	View Section M →
Section N	Administrative and support service activities	الخدمات الإدارية وخدمات الدعم	View Section N →
Section O	Public administration and defense; compulsory social security	الإدارة العامة والدفاع , الضمان الاجتماعي الالزامي	View Section O →
Section P	Education	التعليم	View Section P →
Section Q	Human health and social work activities	أنشطة صحة الانسان والعمل الاجتماعي	View Section Q →
Section R	Arts, entertainment and recreation	الفنون والترفيه والتسلية	View Section R →
Section S	Other service activities	أنشطة الخدمات الأخرى	View Section S →

Regulatory & Business Setup Use Cases in Saudi Arabia

Ministry of Commerce (MC): Required on your Saudi Commercial Registration (CR) to legally define the company’s business activities.
Ministry of Investment (MISA): Determines eligibility for 100% foreign-owned investment licenses and capital requirements. See our MISA Licensing Guide.
ZATCA Taxation & Zakat: Activity categorization for Corporate Income Tax (20%), Zakat (2.5%), and 15% VAT filing rules. See our ZATCA Tax Guide.
MHRSD / Qiwa (Nitaqat Quotas): Determines the required percentage of Saudi national employees. Check our Nitaqat Saudization Guide.
Balady Municipal Licensing: Establishes commercial shop, office, and warehouse zoning compliance.

Compliance & Regulatory Risk Assessment

Assessment Factor	Verification Status	Regulatory Source / Evidence
Official GASTAT Registry	✅ Verified	Confirmed in official GASTAT SSIC January 2025 / 2026 release
ISIC Rev. 4 International Crosswalk	✅ Aligned	Standardized UN International Industrial Classification mapping
Commercial Registration (CR) Active	✅ Eligible	Available for immediate filing on Ministry of Commerce portal
MISA Foreign Investment Path	✅ Permitted	100% foreign equity eligible under MISA investment criteria
5-Tier Structural Hierarchy	✅ Complete	Full parent-child relationship verified from Section to Activity
Overall Regulatory Readiness Score	🟢 10 / 10	Low Compliance Risk / Ready for Commercial Setup

Frequently Asked Questions (FAQ)

1. What does Saudi SSIC code K cover?

SSIC K covers Financial and insurance activities (لأنشطة المالية وأنشطة التأمين) under Saudi Arabia’s official industrial classification system.

2. Which authority regulates activities under SSIC K?

Activities under this code fall under the supervision of the Ministry of Commerce and respective sectoral regulators.

3. Can international investors establish a business with code K?

Yes. In most sectors, the Ministry of Investment (MISA) permits 100% foreign equity ownership. Refer to our MISA Guide for full requirements.

4. How does SSIC K affect my company’s Nitaqat rating?

MHRSD calculates your Saudization tier based on your primary SSIC activity registered on your Commercial Registration.

Official Source Attribution & Disclaimer

Primary Data Source: General Authority for Statistics (GASTAT) — National Classification for Economic Activities.

Commercial Portal: Ministry of Commerce (MC)

This page is an independent reference resource. Cross-verify critical licensing details on official government portals before filing commercial applications.