The Ministry of Hajj is responsible for supervising the licensed institutions and companies, monitoring their performance, ensuring the accuracy of their commitments, and working to enhance the efficiency of their employees. The necessary licenses are issued in accordance with the following:
1 - The capital must be wholly owned by Saudis and not less than five hundred thousand Riyals.
2 - A bank guarantee of no less than two million Riyals must be provided in favor of the Ministry of Hajj from one of the approved local banks, valid for the entire duration of the license. Any amount due from the licensee for failure to fulfill any obligation may be directly withdrawn from the guarantee, with a requirement for the licensee to cover the amount withdrawn from the guarantee immediately. The guarantee shall not be cancellable except in the case of license termination and with the Ministry's approval, in accordance with what is specified in the Implementing Regulation.
3 - The duration of the license is five years and is renewable.
4 - Licenses for providing services to pilgrims are granted and renewed according to criteria established jointly by the Ministry of Interior, the Ministry of Foreign Affairs, and the Ministry of Hajj, based on financial solvency, administrative competence, previous experience in the field, and rates of defaults and previous penalties, in accordance with what is specified in the Implementing Regulation.