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Middle East & Africa One Exchange CMA Regulated SAR

Stock Loans Against Saudi Arabia-Listed Equity

Institutional securities-backed lending against shares listed on Saudi Arabia’s principal equity exchanges — for controlling shareholders, founders, and family offices holding positions on the CMA-regulated market.

01 · The Country
Middle East & Africa

Saudi Arabia equity markets.

The firm structures stock loans against shares listed on Saudi Arabia’s one principal cash equity venue. The instrument allows founders, family offices, controlling shareholders, and concentrated single-stock holders to release liquidity against their Saudi Arabia-listed position — without selling, and without disturbing voting control or the share register. Beneficial ownership remains with the borrower throughout. The full position is recovered on repayment.

Indicative terms are calibrated to the specific position. Loan-to-value is set against the underlying’s single-stock liquidity and free float. Tenor typically runs twelve to thirty-six months for institutional transactions. Recourse profiles span non-recourse, limited-recourse, and full-recourse — chosen against the borrower’s downside-protection objectives. Loans can be denominated in SAR or in cross-currency structures (USD, EUR, GBP, or another major currency) depending on the borrower’s redeployment requirements.

Saudi Arabia stock loans at a glance:

Listed venueSaudi Exchange (Tadawul)
RegulatorCapital Market Authority (CMA)
CurrencySAR, with cross-currency options
Principal indicesTASI (Tadawul All Share Index), MT30
Tenor12–36 months (institutional)
Recourse profileNon-recourse, limited-recourse, or full-recourse
Loan-to-valueCalibrated per position

Regulatory references for any specific transaction are mapped at the structuring stage with the borrower’s chosen counsel. The information above is published for general orientation and is not legal advice.

02 · Exchanges
One Venue

Each Saudi Arabia exchange, covered.

Tadawul · Riyadh

Saudi Exchange (Tadawul)

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.

View Tadawul stock loans →
03 · FAQ
Saudi Arabia Stock Loans

What people most often ask about Saudi Arabia.

Q · 01 What is the typical loan-to-value for a stock loan against Tadawul-listed positions?
LTV on Tadawul is calibrated to the specific position. The principal drivers are the underlying’s free float, average daily trading volume, volatility, and the borrower’s regulatory profile. For a large-cap, high-volume Tadawul name, LTV is materially higher than for a thinly-traded or recently-listed position. A non-recourse structure runs at lower LTV than a full-recourse structure on the same underlying. Indicative ratios are issued only after a review of the specific Tadawul position; there is no published rate sheet.
Q · 02 Which Tadawul-listed segments are eligible for stock loans?
Eligibility is assessed case by case. The firm considers positions across the segments operated by Saudi Exchange (Tadawul): Main Market; Nomu (Parallel Market for SMEs). Higher-tier (premium / large-cap / main-market) segments are typically more straightforward to structure than growth / SME segments, principally because of free-float and liquidity differences.
Q · 03 In which currency can a Tadawul stock loan be denominated?
The default is SAR, the listing currency. Cross-currency structures, for example, financing an SAR-denominated Tadawul position with a USD or EUR loan, are common and routinely available. The cross-currency element introduces hedging, settlement, and tax considerations that are addressed in the documentation.
Q · 04 Are there foreign-ownership constraints on Tadawul-listed shares relevant to a pledge?
Foreign-ownership rules vary by issuer and by sector on Tadawul; regulated sectors (banking, telecoms, defence, natural resources, and others) commonly carry ownership caps and notification requirements that interact with collateralised structures. The firm’s structuring review addresses these expressly for any specific position.
04 · Other Middle East & Africa
Adjacent Markets

Countries adjacent to Saudi Arabia.

United Arab Emirates · Israel · South Africa · Qatar

All countries →

A specific Saudi Arabia position to discuss?

Submit a confidential enquiry. A senior principal will respond within one business day.

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