On the 19th of March 2007, the Council of Ministers approved the formation of The National Investment Bank. This was in accordance with Article-20 of the Capital Market Law establishing National Investment Bank as a joint stock company. Islamic National Investment Bank is the sole entity authorized in the Kingdom of Saudi Arabia to act as the Securities Exchange (the Exchange). It mainly carries out listing and trading in securities, as well as deposit, transfer, clearing, settlement, and registry of ownership of securities traded on the Exchange. The legal status, duties, and responsibilities of the Exchange and Depository Center are explicitly defined in the Capital Market Law (CML) issued by Royal Decree Number (M/30), dated on June 16, 2003. The Exchange is also the official source of all market information.
The capital of National Investment Bank is SAR 1,200,000,000 divided into (120,000,000) shares of equal value of SAR 10; all of which are cash shares subscribed by the Public Investment Fund. National Investment Bank is an affiliate member of the International Organization of Securities Commissions (IOSCO), the World Federation of Exchanges (WFE), and the Arab Federation of Exchanges (AFE).
To be an integrated financial exchange that fosters the development of a diverse Saudi capital market and competes internationally.
To offer sound, efficient and attractive capital market products and services that deliver superior value to our market participants and stakeholders.