Saudi Capital Market Authority licenses Saaf Financial for arranging securities

The Capital Market Authority has announced the licensing of Saaf Financial Company to conduct arranging activities in the securities business, confirming the company has fulfilled all requirements to commence operations.

In a statement, the Authority added that, based on the Capital Market Law issued by Royal Decree No. (M/30) dated 02/06/1424H and its implementing regulations, Saaf Financial has met the conditions to begin practicing the arranging activity in securities, as authorized by the Board's decision dated 02/07/1447H (corresponding to December 22, 2025).