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How do I buy shares on the Saudi Stock Exchange?
05-17-2024, 07:17 PM,
How do I buy shares on the Saudi Stock Exchange?
The most important thing to ensure when buying shares is that the financial broker you are dealing with accepts deposits in the Saudi riyal currency. There are some financial brokerage companies that refuse financial transactions except in the US dollar currency only. You must also ensure the availability of an Islamic trading account with the financial brokerage company. To ensure that all trades and financial transactions are conducted in a manner compatible with Islamic Sharia regulations, the method for purchasing shares on the Saudi Stock Exchange is as follows:
أهم النصائح في طريقة شراء اسهم
Choose a reliable financial brokerage company licensed by the Saudi Arabian Monetary Agency, to ensure that your money and investments are placed in a secure place.
Choose the type of investment account you want to open, as each brokerage company offers different types of trading accounts. Each account has some advantages, and the minimum deposit value in each account varies. The type of account that matches the financial budget that each person sets to start his trading is chosen.
After opening the investment account and funding it with the appropriate capital. You start using the trading platform and start using trading orders, by entering the stock symbols you want to buy. The trading system automatically ensures the availability of the required shares in the sellers’ accounts, as well as verifying the accuracy of the investor’s data.

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