
Initial Public Offering
Derayah Financial
Derayah Financial Company ("Derayah" or the "Company"), the leading independent digital investment platform in Saudi Arabia, is pleased to announce its intention to offer 20% of its issued share capital to the public through an Initial Public Offering ("IPO") and listing of ordinary shares on the Main Market of the Saudi Exchange.
The IPO comprises an offer of 49,947,039 ordinary shares and represents a unique opportunity for institutional and retail investors to participate in the long-term growth of a digital-first investment ecosystem in Saudi Arabia.
Business
Overview
Pioneer in the digital investment space, with an unwavering commitment to innovate at every step of the investment journey.
Derayah, the Kingdom's premier independent digital investment platform, is dedicated to simplifying investing and making wealth creation accessible to every investor. Since our inception in 2009, the Company has significantly enhanced its offerings as it evolved into one of the leading technology-driven providers of brokerage and asset & wealth management solutions. The number of client accounts has grown 12x since 2016, underscoring Derayah’s successful expansion.
Cutting-edge technology, complemented by experienced leadership, drive innovation, scalability, and a seamless user experience.
Derayah possesses a proprietary technology infrastructure, purposely designed for scalability, agility, and an outstanding digital user experience. Its technological edge facilitates continuous product innovation, allowing Derayah to stay ahead of market trends and align closely with client needs. This is complemented by the Company’s deep understanding of financial markets, guided by its visionary, founder-lead Board of Directors and an experienced executive management team in capital markets and investments.
Diverse and scalable business model enables growth through market cycles.
Derayah’s main business segments are brokerage and asset & wealth management. The digital brokerage platform is a market leader, providing a unique, single access point to 43 local, regional, and international markets, and offers clients a diverse range of financial instruments, including equities, fixed income, and derivatives.
The asset & wealth management business is rapidly growing, with SAR 15.1 billion in assets under management (“AUM”) as of 30 June 2024G, representing an approximate 50% growth in AUM from 31 December 2023G. This robust growth and innovative approach position Derayah as a leader in digital investment solutions across Saudi Arabia and beyond.
Strategically positioned to capitalize on favorable market dynamics.
Its growth and innovative approach positions Derayah as a leader in digital investment solutions across Saudi Arabia and beyond. The Company’s position is further bolstered by a large and expanding addressable market, favorable industry dynamics, and transformative agendas in the financial sector.
Vision
Our vision is to be the most enriching financial institution with the most innovative products and superior service in Saudi Arabia.
Mission
Our mission is to be the first and most inclusive investment option, by providing accessible and comprehensive investment opportunities that will help our clients achieve their future goals.
Message from
Leadership
Taha A. AlKuwaiz
Co-Founder and Chairman
"We are proud to announce the launch of our IPO at a pivotal moment in Saudi Arabia’s financial sector. This IPO goes beyond being a milestone for Derayah; it stands as a testament to our steadfast dedication to democratizing investment and providing all types of investors with innovative, accessible, and comprehensive wealth-building solutions."


Mohammed AlShammasi
CEO
"With the launch of our IPO, Derayah is embarking on an exciting new chapter that will further solidify its position as a leading independent digital investment platform in Saudi Arabia.
In recent years, we have achieved exponential growth by capitalizing on favorable local, regional, and global capital markets. We have done this by successfully catering to the needs of digital natives while simplifying the investment journey and providing a unique experience for a new generation of investors."
Derayah in
Numbers
Leading Digital Broker

#1
Independent digital broker by brokerage revenue

#3
Largest Capital Markets Institution (“CMI”) with c.14% market share in KSA’s online brokerage

12x
Client Accounts growth (2016G-2023G) with c.100% acquired online

+98%
of the Trading is online
Growing and Diversified Asset Management Platform

SAR 15.1 billion
Assets Under Management (as of 30 June 2024G)
+33% CAGR (2020G – 30 June 2024G)

65%
of AUMs (as of 30 June 2024G) in Public Markets Funds

35%
of AUMs (as of 30 June 2024G) in Private Markets Funds
Solid Financial Track-record, a Healthy, Debt-free Balance Sheet, Yielding Attractive Shareholders Returns

SAR 624 million
Total Operating Income in 2023G
+31% CAGR (2020G-2023G)

SAR 330 million
Net Income in 2023G
+47% CAGR (2020G-2023G)

53%
Net Profit Margin in 2023G

43%
Return on Average Equity in 2023G

69%
Dividend Payout Ratio in 2023G
Awards &
Achievements
Investment Highlights
Simplifying Investment for Every Investor
Growth Strategy
Well-Defined Strategic Path to Future Growth
Driving Growth
Through Innovation
Expanding into
high-growth segments
Scaling the business while strengthening client relationships
IPO
Timeline
IPO
Documents
How To
Subscribe
-
01
Ensure you have an active current account with one of the receiving entities listed here.
-
03
Make an investment decision after reviewing the Prospectus and discussing the details with your financial advisor.
-
05
Once shares are allocated, you may or may not receive the full allocation from your order. Any excess will be refunded to you.
-
02
Get more information about Derayah and its IPO on this website, through the ITF announcement, and the Prospectus.
-
04
Subscribe to the offering, at the Final Offer Price, by applying online via the receiving entities’ websites or their digital applications.
-
06
Derayah will list on the Saudi Exchange and changes in share price can be monitored on the Exchange.
-
01
Ensure you have an active current account with one of the receiving entities listed here.
-
02
Get more information about Derayah and its IPO on this website, through the ITF announcement, and the Prospectus.
-
03
Make an investment decision after reviewing the Prospectus and discussing the details with your financial advisor.
-
04
Subscribe to the offering, at the Final Offer Price, by applying online via the receiving entities’ websites or their digital applications.
-
05
Once shares are allocated, you may or may not receive the full allocation from your order. Any excess will be refunded to you.
-
06
Derayah will list on the Saudi Exchange and changes in share price can be monitored on the Exchange.
FAQ
The shares will be listed on Main Market of the Saudi Exchange (Tadawul).
- The IPO of Derayah comprises an offer of 49,947,039 Offer Shares, representing 20% of the Company’s issued share capital, by way of a sale of the Company’s current shareholders in proportion with their existing shareholding (“Selling Shareholders”).
- The Offer Shares will be offered for subscription to individual investors and institutional investors, including institutional investors outside the United States in accordance with Regulation S (RegS) under the US Securities Act of 1933, as amended.
- All the Offer Shares will be offered to institutional investors, with a claw back to individual investors of up to 10% of the offered Shares.
Secondary offer
- For retail investors, the minimum share subscription is 10 shares and the maximum is 250,000 shares.
- For institutional investors, the minimum share subscription is 100,000 shares and the maximum is 12,486,759 shares.
The Company has demonstrated its commitment to shareholder value creation, increasing its dividend payout ratio to 69% in 2023G from 15% in 2020G, reflecting consistent and substantial returns for investors.
Subscription to the offer shares is restricted to the following two groups of investors: (1) Qualified Investors (any investor who is approved by the Saudi Capital Market Authority) and (2) Individual Investors (Saudi Arabian nationals, GCC nationals and foreign residents in Saudi Arabia, with an active portfolio with one of the receiving agents).
Please refer to the 'How to Subscribe' section on this page for more information.
The Offering’s final price will be set after the book-building period is complete.
Please refer to the ‘IPO Timeline’ section on this page for details.
There will be no implementation of a lock-up period or restriction on the sale of shares for subscribers following the listing.
Receiving
Agents
Contact us

Call Us
+966112998000