Terms and Conditions
In order to benefit from a safe and error free investment experience with the Middle East Financial Investment Company (MEFIC) users must thoroughly read and understand the terms and conditions of the agreement and abide by them. Interested service subscribers must also provide accurate, complete and up-to-date information in accordance with the terms and conditions of the agreement signed by the subscriber with MEFIC. Completing and submitting the application is considered a formal request on your behalf and as consent to the terms and conditions of the agreement that is signed by you and held with the company. From that moment on you will be liable and hold all responsibility to maintain the secrecy and confidentiality of your password and all other information pertaining to your account and are liable for all transactions pertaining to you account.
The agreements and terms are comprehensive and are not separable and are governed by the rules and regulations of the agreement signed between the company and the client and any future agreements. The terms and agreement are governed by the laws and regulations of the Kingdom of Saudi Arabia and shall be interpreted accordingly. Both parties agree indisputably to submit to the Committee for Settlement of Banking Disputes for resolution in the case of any dispute that may arise.
You agree to immediately inform the Middle East Financial Investment Company (MEFIC) of any unlawful or unwanted use of your account and/or any security breaches. MEFIC maintains complete secrecy of client information to its best.
You agree to uphold all local, regional and international laws and regulations. You will be solely and exclusively responsible for any and all actions and shortcomings that arise due to your use of the account and/or password, including but not limited to the transactions and their contents that are performed via this service.
You agree to compensate, defend and hold harmless the Middle East Financial Investment Company (MEFIC), its affiliates and officers, directors, employees and agents from and against any and all claims, liabilities, damages, losses or expenses, including attorney's fees and costs, arising out of or in any way connected with your access to or use of the Web site or the services.
You agree to refrain from attempting to unlawfully access, use the account and/or any accounts and/or the systems and infrastructure by searching for passwords or any other method or by interfering in the method any others use the services or benefit from it or any other similar services.
The Middle East Financial Investment Company (MEFIC) provides third party information and links which it does not take responsibility for nor it has control over. All information provided by the company or by any other third party is on an “as is” basis and without any guarantees or conditions of any kind implicit or explicit.
The Middle East Financial Investment Company shall hold no responsibility or liability to the maximum allowed by applicable laws and regulations including but not limited to any harm or losses or expenses, direct or indirect which occur due to the use of the website or the services or the lack thereof or any other changes and unlawful access or any modifications or alterations made to your correspondence or information or any other data whether sent or not sent, received or not received or any transactions made by means of the service.