The Saudi Arabia Capital Markets Authority announced that Sahem Financial Company has completed the commencement of business requirements for its Financial Technology Experimental Permit to test activities related to offering and investment in debt instruments. The update is issued under the Capital Market Law, its implementing regulations, and the CMA Board’s Financial Technology Experimental Permit instructions, and follows a CMA Board of Directors decision dated 08/07/2024 granting the permit.
Saudi Arabia Capital Markets Authority 2025-07-22
Saudi Arabia Capital Markets Authority clears Sahem Financial Company to begin FinTech experiment for offering and investing in debt instruments
The Saudi Arabia Capital Markets Authority announced that Sahem Financial Company has fulfilled the requirements for its Financial Technology Experimental Permit to test activities related to offering and investment in debt instruments. This follows a CMA Board decision granting the permit under the Capital Market Law and related regulations.