SIDF Investment Company (SIC) referred to as the “Company” is committed to protecting your personal data and ensuring its confidentiality. This policy shows how to collect, use, process, preserve and protect your personal data in compliance with Saudi Arabia's regulations, including the Personal Data Protection System (PDPL) and other relevant regulations.
Definitions
For the purposes of this Privacy Policy, the following definitions are used:
1.1. Personal Data: Any data that can identify an individual, including name, contact details, financial information, and location data.
1.2. User: Any individual who interacts with our Services and agrees to this Privacy Policy.
1.3. Sensitive data: Data that reveals racial or ethnic origin, political opinions, religious beliefs, biometric data, health data, or any other data that is defined as sensitive under Saudi law.
1.4. Cookies: Small files stored on a user's device to improve usage experience .
1.5. Data Controller: The entity(company)that determines the purposes and means of processing personal data.
1.6. Data processing: Any process conducted on personal data, including collection, storage, and destruction.
1.7. Consent: Express and clear consent of the user to the processing of his personal data.
1.8. Retention period: The period of time when personal data is retained by the data controller.Personal Identity Information
We collect personal identification information from users in different ways, including but not limited to when the user visits the application, enrollment in the company's application, filling out requests, or participating in different activities. Users may be asked to clarify the full name, email address, phone number, and credit card data.
The company collects personal data when registering on our website by submitting the relevant form. Personal data collected by the company include:
• Name;
• Residential and professional address.
• Email address.
• Telephone number.
• Job and professional experience.
• IP address (IP address, unique ID for your computer or any other device).
• Cookie information.
• Any other information required when filling out the form.
Personal data collected is used for the following services:
• Contact the company for requests, questions and information through the Contact Us page.
• Registration in the company's training programs and events.
• Contact the company through the whistleblowing page (Speak Up).
• Send advertising materials and news related to the company.Non-Personally Identifiable Information (Non-PII)
Information not related to personal identity
We collect some information about users wherever they interact with the site. This information may include the type of smartphone and technical information about the user's communication methods with the app such as the Internet service provider.Data Collection Purposes
We collect and use users' personal data for the following purposes:
4.1. Improving the quality of the company's services: Your information helps us to respond more effectively to your company-oriented requests and support needs.
4.2. Send emails periodically: We may use your email address to send information and updates related to the company's business.Legal basis for data processing
We process your data on one or more of the following legal grounds:
5.1. Consent: Where required, we will obtain your express consent to the collection and processing of data.
5.2. Contractual obligations: to implement the services you have requested.
5.3. Legal obligations: Compliance with Saudi Arabia's laws, including the Personal Data Protection System (PDPL), Anti-Money Laundering Regulations (AML) and other relevant laws.
Protection of Personal Data
We follow proper procedures and safety standards in collecting, preserving and handling data to protect against unauthorized access, modification, disclosure or damage. Sensitive and private data is exchanged between the company and its users through secure communication channels and is encrypted and protected using certified digital methods.
Sharing Personal Data
We do not sell, trade, or lease users' personal identity data to other. We may share general aggregated demographic information that is not associated with any personal identity information with our partners and affiliates. We also share your data with any official government entity only with an official letter addressed to our company to disclose your data in security or criminal cases.
Cookies and Analytics
We use cookies to improve your experience on our platform by collecting usage data that helps us understand how users interact with our site. We may use third-party analytical tools to collect data about user activity and site performance. These tools do not collect information through which the user can be identified, and data is used only to improve our services.
Data Transfer
Your personal data may be transferred outside Saudi Arabia in specific circumstances, such as fulfilling contractual obligations or complying with Saudi laws. Data will be transferred only if there are sufficient safeguards to protect your data in accordance with the Personal Data Protection System.
Data Retention and Destruction
We retain your data only for as long as necessary to achieve the purposes set out in this Policy or as required by the Regulations in force in Saudi Arabia. Retention periods of different types of data are as follows:
10.1. General Personal Data: Retained as long as necessary to provide our services or comply with legal obligations. After that, the data will be destroyed securely unless it is required to be kept for legal reasons.
10.2. Financial statements and transactions: Held for five years after completion of the transaction or termination of the business relationship.
10.3. Employment records (if applicable): retained for two years after termination of recruitment.
10.4. E-commerce data (if applicable): held for three years from the date of transaction.
10.5. Cybersecurity data: It is kept for five years in accordance with the requirements of the National Cybersecurity Authority.User Rights
You have the following rights with respect to your personal data:
11.1. Right of Access: You can request access to your personal data.
11.2. Right to correction: You can request to correct or update your data.
11.3. Right to damage: You may request to destroy your personal data when it is not necessary for the purpose for which it was collected.
11.4. Right to withdraw consent: You can withdraw your consent at any time.Third Party Sites
Our app may contain ads or links to third-party websites and services. We do not control the content or practices of those websites and do not take responsibility for them. We recommend reviewing the privacy policies of those websites before interacting with them.
Privacy Policy Updates
We reserve the right to update this Privacy Policy at any time. The updated version will be posted on our website, and you will be notified of any major changes. Your continued use of our services after posting updates is your acceptance of the updated terms.
Applicable Law and Dispute Resolution
This Privacy Policy and any disputes arising therefrom are governed by the laws of the Kingdom of Saudi Arabia. Any legal proceedings or disputes relating to this policy will be considered exclusively before the courts of Saudi Arabia.
Contact Us
If you have any questions or concerns regarding this policy, please contact us via:
• Email: ………………….
• Phone: ………………….