The Capital Markets Authority (CMA) has issued Decision No. (141) of 2025, granting AlTijari Financial Brokerage Company preliminary approval to license the activity of an Investment Portfolio Manager, following the company’s compliance with the required standards and conditions to engage in this activity.

According to the decision, the preliminary approval is valid for six months, from July 22, 2025, until January 21, 2026, and is renewable. During this period, the company must complete all the requirements outlined in the CMA’s approval letter.

Upon fulfilling all conditions and paying the prescribed fees, the company will be granted a final license valid for three years, renewable from the date of issuance of the official licensing certificate by the CMA.

This decision is based on Law No. (7) of 2010 concerning the establishment of the CMA and regulation of securities activities, its executive bylaws, and amendments, in addition to Decision No. (4) of 2025 regarding amendments to the final approval authorities for the Supervisory Sector's operational procedures.