Riyadh – Mubasher: SAB Invest, the investment arm of Saudi Awwal Bank (SAB), was announced as the first ETF market maker in the Kingdom, marking a new milestone in the Saudi capital market, according to a press release.
The CEO of SAB Invest, Ali Almansour, commented: “By enabling more efficient and transparent ETF trading, we are empowering investors and supporting the evolution of Saudi Arabia as a global financial hub."
The Saudi Exchange (Tadawul) made the official announcement in line with Vision 2030’s Financial Sector Development Program to deliver 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 (Ticker: 9402).
The SAB Invest Saudi Quant ETF provides investors with access to a rules-based, systematic investment strategy on Tadawul.
The bank is also expected to set a new benchmark for ETF market development, achieving Tadawul’s ambition to deepen liquidity and attract both domestic and international investors.
CEO Almansour noted: "This achievement reflects our commitment to innovation, robust governance, and the long-term development of the financial sector in line with Vision 2030.”
Chief Brokerage Officer of SAB Invest, Majed Al Qahtani, added: “Our role as the first market maker for exchange-traded funds—particularly the SAB Invest Saudi Quant ETF—extends beyond providing liquidity and enhancing trading efficiency to offering innovative investment solutions that keep pace with the rapid evolution of the Saudi capital market and directly contribute to attracting and expanding the investor base.”
Licensed by the Capital Market Authority (CMA), SAB Invest conducts securities business, including dealing, managing, arranging, advisory, and custody. It manages SAR 37.50 billion in assets and generated SAR 564.60 million in revenue during 2025.
In the first quarter (Q1) of 2026, SAB logged 2.29% lower net profits at SAR 2.08 billion, compared to SAR 2.13 billion in Q1-25.
