Our rigour, your advantage.
Saudi ArabiaRiyadhCMASAR

Tadawul Stock Loans in Saudi Arabia

Stock loans (securities-backed financing) against shares listed on Saudi Exchange (Tadawul) (Tadawul) — for family offices, founders and controlling shareholders.

01 · The Market
Middle East & Africa

About Saudi Exchange (Tadawul).

Saudi Exchange (Tadawul) is the principal cash-equity venue of Saudi Arabia. Founded in 2007 (joint stock company; trading from 1985), it operates under the oversight of Capital Market Authority (CMA), and its leading benchmarks are TASI (Tadawul All Share Index), MT30. Listing standards are set out in the Listing Rules of the Saudi Exchange; CMA Rules on the Offer of Securities and Continuing Obligations.

The largest equity venue in the Middle East and one of the largest emerging-market venues globally. Foreign ownership opened progressively from 2015; the Saudi Aramco listing remains the largest IPO in history. Sharia compliance considerations are central to position-level structuring.

02 · Eligibility
For Institutional Positions

What qualifies on Tadawul.

Tadawul ranks among the deepest equity pools anywhere; eligibility turns on the stock itself — its free float, daily traded volume, and how concentrated the line is.

For any given Tadawul position, our review looks at: free float and daily traded volume against the size of the transaction; your status (controlling shareholder, director, substantial shareholder) and the disclosure that follows; the issuer’s sector and listing segment; and what the transaction must do (LTV, tenor, currency, recourse, custody).

03 · Disclosure
CMA

Framework cited on Tadawul.

The principal regulatory reference on Tadawul is CMA disclosure rules. How it applies to any single transaction — reporting levels, step thresholds — turns on the underlying rules and national-law overlays, which we map against your contemplated transaction at the structuring stage alongside the counsel you appoint.

The citations above are public regulatory references, given for orientation only and not as legal advice. Take independent legal advice in the relevant jurisdiction for any specific transaction.

See the full process →

04 · FAQ
Tadawul · Stock Loans

What holders ask about Tadawul.

01How much can I borrow against a Tadawul-listed holding?
The loan-to-value is set to the specific holding — free float, daily traded volume, volatility, and your regulatory standing. We quote indicative ratios only after reviewing the actual Tadawul position.
02Which Tadawul segments can I borrow against?
We look at each case across the segments Saudi Exchange (Tadawul) runs: Main Market; Nomu (Parallel Market for SMEs). Higher tiers are usually simpler to structure, as free float and liquidity are deeper.
03What currency can the facility be drawn in?
The default is SAR, the listing currency. Cross-currency structures are common and readily arranged.
05 · Other Venues
Saudi Arabia

Other venues.

United Arab Emirates · Israel · South Africa · Qatar · Kuwait · Egypt

Saudi Arabia overview →

A particular Tadawul holding to talk through?

Send a confidential enquiry, and a senior principal will reply within one business day.