How to invest/buy shares in Saudi Stock Market?

Expats living in Saudi Arabia can invest in IPO as well as buy and sell shares through Saudi Stock Market by opening a Tadawul account. Here is the 6 steps process;

Can expats buy stocks in Saudi Arabia?

Yes, expats can invest their hard-earned money in the Saudi stock market and buy and sell shares of any company listed on Tadawul. The following people are allowed to buy shares in Saudi Arabia;

  1. Saudi Nationals.
  2. GCC nationals with a Saudi Bank account.
  3. Iqama holders of Saudi Arabia.
  4. Any business or company registered in Saudi Arabia.

Buy IPO Shares in Saudi Arabia

In order to open a Tadawul account in Saudi Arabia, you need to

1- Wait for an Initial Public Offering (IPO) of any company. You will get the latest updates about the IPOs on the Tadawul website.

2- Buy any amount of shares in that IPO from any bank account. In order to do that we are using an example of SNB Al Ahli account;

  • Login to your Internet Bank Account.
  • Click on the “IPO” under the Investment tab.
  • Select “Subscribe IPO“.
  • Agree to the terms and conditions.
  • Enter the number of shares you want to buy in the IPO.

Buy IPO Shares in Saudi Arabia

Click on the “Confirm” button to buy IPO shares and start investing in the Saudi Stock Market.

3- After a few days, you will receive an SMS from your bank about the number of shares you have bought in the IPO.

how to invest in saudi stock market

Open Tadawul account with Saudi Stock Market

4- At this point, the bank has already opened your Tadawul account and credited your IPO shares there. In order to activate your Saudi stock market account;

  • Log in to your SNB Al Ahli Bank account.
  • Click on “Investments“.
  • Select “Tadawul Portfolio“.
  • Note down your “Trading Account Number“.

how to buy shares in saudi arabia

5- Now open the Al Ahli Tadawul website from this link;

  • Click on “Register in Saudi Market“.
  • Agree to the terms and conditions.
  • Enter Iqama Number.
  • Enter the “Portfolio Number” noted down at point 4 above.

tadawul account opening

6- That’s it, you have successfully created a Tadawul account. Now, you can invest/buy, sell shares in the Saudi Stock Market through this link.

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Steve has been living in Saudi Arabia since 2013 and writing about Saudi rules, regulations, guides, and procedures since then.