The company was incorporated and launched in the name of “Al Yusr Installment Co.” on 1/1/2004 G, during this period the company has performed gigantic works which helped it to achieve continuous growth over years; therefore, the board of directors in Abdullatif Al-Essa Holding Group resolved in 2011 to transfer Al Yusr Installment Co., Ltd. To a closed stocking company with a capital of 500 million riyals of which a percentage of 50 % is to be paid-up.