SAB Invest, the investment arm of Saudi Awwal Bank (SAB), has announced its official registration by the Saudi Exchange (Tadawul) as the first ETF market maker in the Kingdom.
This landmark achievement marks a new era for Saudi Arabia’s capital market, supporting Vision 2030’s Financial Sector Development Program and delivering tangible benefits to investors through improved ETF trading efficiency.
As the first entity to be registered under Tadawul’s ETF market making framework, SAB Invest will provide continuous two-way quotes for the SAB Invest Saudi Quant ETF– Saudi Arabia’s first quantitatively driven, Shariah-compliant exchange-traded fund.
Delivering better liquidity
This role is designed to deliver better liquidity, tighter bid-ask spreads, and enhanced pricing efficiency, empowering investors with greater confidence and flexibility in accessing the Saudi equity market.
“This achievement reflects our commitment to innovation, robust governance, and the long-term development of the financial sector in line with Vision 2030,” asserted Ali Almansour, Chief Executive Officer, SAB Invest.
Deepening the capital market
“This achievement underscores the leadership of SAB Invest in developing the market, shaping the future of trading, and deepening the capital market,” noted Majed AlQahtani, Chief Brokerage Officer, SAB Invest.
SAB Invest’s market-making role is expected to set a new benchmark for ETF market development, supporting Tadawul’s ambition to deepen liquidity and attract both domestic and international investors.
