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Frequently Asked Questions

What are the procedures to open a Depository Center Account for a qualified foreign investor (QFI) or a QFI client?

A QFI can open a Depository Center account through the Exchange member after completing the following requirements:

  • QFI details form.
  • A copy of the certificate of incorporation or commercial register or an equivalent document.
  • Registration/approval notification issued by the CMA pursuant to QFI rules.
  • Disclosure of the QFI’s investments in listed shares.

How should the Exchange member submit the Depository Center Account’s requirements?

The Exchange member should send the requirements to the Exchange in both printed and electronic froms. The electronic copies should be sent to the following email address: qfi@tadawul.com.sa

How can securities in a swap account be transferred to the Depository Center account of QFIs or QFI clients?

To transfer holdings under a swap account to a QFI or QFI client, the following requirements should be met:

  • CMA’s approval.
  • Filling out the Securities Depository Center transfer form.
  • A certified copy of the certificate of incorporation, and the commercial register or an equivalent document.

How will investment limits in listed companies be disclosed?

Investment limitations set forth in the articles of association or by-laws of the listed companies or any instructions issued by the supervisory or regulatory authorities to which these companies are subject, will be available under each issuer’s profile page; under the label “investment limits”.

Where will foreign ownership information be available, and how often will it be updated?

Foreign ownership information will be available on Tadawul website, and it will be updated on daily basis after market close.

How will foreign ownership information be displayed on Tadawul’s website?

Under the QFI page, a foreign ownership limit section will have:

  • Maximum ownership percentage per issuer and existing ownership percentage per issuer by all QFI’s and QFI clients.
  • Maximum ownership percentage per issuer and existing ownership percentage per issuer by all foreign investors.
  • Total ownership of QFI’s, QFI clients and swaps as a percentage of total market value.

Under each issuer’s web page, the “Major shareholders Foreigners” ownership section will contain:

  • Maximum ownership percentage for the issuer and existing ownership percentage for the issuer by all QFI’s and QFI clients.
  • Maximum ownership percentage per issuer and existing ownership percentage per issuer for all foreign investors.