What Sahm does

Sahm Capital Financial Company is a Saudi closed joint-stock company headquartered in the King Abdullah Financial District (KAFD), Riyadh, that operates a CMA-licensed (license 25-22251) cross-border retail trading platform under the brand "Sahm." The company's primary product is a unified mobile and web application that enables individual investors to trade Saudi (Tadawul) and U.S. (NYSE/NASDAQ) equities, ETFs, options, warrants, OTC, REITs, IPOs, and margin products through a single account with automated SAR/USD currency exchange. The platform is differentiated by three-minute Nafath-based onboarding, Shariah-compliant Halal stock filtering with purification ratios, Murabaha Islamic financing, 24/7 U.S. off-market order placement, TradingView-powered charting, and a bilingual Arabic/English interface. Supporting modules include the Sahm AI conversational assistant (natural-language market Q&A), Smart Selection (multi-factor recommendation engine with anomaly/capital-flow detection), Sahm Academy (investor education), Sahm Community (social trading), and CME-1 licensed customer support.

The company operates as a subsidiary of Valuable Capital Group Limited (Hong Kong), launched commercial operations on October 1, 2023, and reports 3.3 million cumulative active users, 1.5 million registered users, and 3.8 million cumulative app downloads. It monetizes primarily through per-trade commissions on Saudi and U.S. equities (with a current promotional 0% rate on Saudi trades), U.S. options contract fees, and margin/Murabaha financing interest at 7-8% annualized. Registered capital stands at SAR 93.75 million (raised from SAR 56.25 million in October 2023), and the company has progressively widened its CMA license footprint — adding investment arrangement, portfolio management, and fund operations licensing in February 2024 to support an asset-management expansion. Distribution is fully self-serve direct-to-consumer via app stores, QR-code-driven web downloads, content-led demand generation through Sahm Academy, welcome-bonus promotions (up to SAR 520), and Arabic/English social media.

Name

Sahm

Legal name

Sahm Capital Financial Company (شركة سهم كابيتال المالية)

Website

https://sahmcapital.com

Company type

Private

Founded year

2022

Operating status

Operating

Short description

Sahm Capital is a CMA-licensed Saudi fintech operating a mobile-first cross-border trading platform that lets GCC retail investors trade Saudi (Tadawul) and U.S. (NYSE/NASDAQ) stocks, ETFs, options, and margin products from a single app, with Shariah-compliant filtering and automated currency exchange.

Ownership category

akta.pro rank

Headquarters

HQ city

Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure, Others

Revenue model

1. Stock Trading Commissions: Commissions charged per trade on Saudi and U.S. stocks. Saudi market: 0.105% of net transaction amount (limited-time promotional rate of 0%). U.S. stocks: $0.015/share (minimum $0.49 for stocks ≤$5; minimum $1.99 for stocks >$5).
2. Options Trading Commissions: Commissions charged per U.S. options contract. $0.49/contract for option premium ≤ $0.10 (minimum $0.99); $0.99/contract for premium > $0.10 (minimum $1.99).
3. Margin Financing: Margin financing interest charged on borrowed funds. Saudi market: 8% annual margin financing rate (promotional limited-time rate). U.S. market: 7% annual margin financing rate. Same-day repayment is interest-free.
4. Murabaha (Islamic Financing) for Saudi Market: Sharia-compliant Islamic financing product for Saudi market investors. Rate: 8% annual margin financing rate (limited-time promotional offer), with an annual contract structure.
5. Free Real-time Market Data: Free real-time quotes provided as part of the platform offering, with subscription-based premium market data services also available.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Sahm is a Saudi Arabia-based fintech trading platform that enables retail investors to trade Saudi (Tadawul) and U.S. (NYSE/NASDAQ) stocks, ETFs, options, warrants, REITs, IPOs, and OTC securities through a single mobile app and web platform. The platform integrates automated currency exchange, an AI-powered chatbot (Sahm AI), multi-factor stock screening (Smart Selection), TradingView charting, and Sharia-compliant filtering with Islamic Murabaha financing. It is licensed by the Saudi Capital Market Authority (CMA license 25-22251) and targets primarily Saudi and GCC retail investors.

Product overview

Sahm (Sahm Capital Financial Company) is a unified fintech trading platform offering a mobile app (Sahm App), a web platform (Sahm Web), and a suite of integrated tools for trading Saudi and U.S. markets. The core platform supports trading in stocks, ETFs, options, warrants, REITs, IPOs, OTC, and margin products across both the Saudi Exchange (Tadawul) and U.S. exchanges. Key modules include: Sahm AI (AI chatbot for natural language market queries and knowledge retrieval), Smart Selection (AI-powered stock screening with Shariah-compliant filtering), Analytical Tools (20+ technical indicators, TradingView charts, market depth, capital flow tracking), Trading Tools (24/7 orders, conditional orders, price alerts), Sahm Academy (investment education), Sahm Community (social trading), Account Security & P&L Tracking, Currency Exchange, and Welcome Bonuses. The platform also offers margin financing for both markets and dedicated customer support.

Differentiator

Problem solved

Functional benefit

Products and services

• Sahm App The primary mobile trading application for iOS and Android, enabling users to trade Saudi and U.S. stocks, ETFs, options, warrants, REITs, and OTC products with real-time quotes, AI-powered insights, and multi-currency account management.
• Sahm Web Browser-based trading platform providing access to all Sahm markets and tools via web browser, featuring TradingView charts and the full suite of Sahm features without requiring a mobile app installation.
• Stocks Trading (Saudi & U.S.) Core stock trading service enabling users to trade Saudi Arabian and U.S. stocks through a unified account and app, with features including real-time quotes, smart selection, conditional orders, and Shariah-compliant stock filtering.
• ETFs Exchange-traded fund trading service covering Saudi and U.S. ETF markets, allowing access to more than 200 ETFs across multiple themes including gold, technology, and sector-specific funds.
• Options Trading U.S. equity and index options trading service enabling users to trade call and put options across U.S. exchanges with a strategy guide and options-specific educational resources.
• Warrants Trading U.S. warrant trading service allowing users to trade derivative warrant securities listed on U.S. exchanges, including pre-market and after-hours trading sessions.
• OTC Trading Over-the-counter trading service enabling access to securities traded outside major exchanges, including delisted stocks, bonds, and derivatives, available during and outside regular trading hours.
• REITs Trading Saudi REIT trading service enabling investment in Saudi Arabian real estate investment trusts that generate regular dividend income without direct property ownership.
• IPO Subscriptions Saudi IPO subscription service enabling users to participate in initial public offerings on the Saudi Exchange, reportedly achieving over 70% success rates for Saudi IPO allocations.
• Margin Trading Leveraged financing service for both Saudi and U.S. stocks, enabling users to increase their trading positions using borrowed capital with competitive margin financing rates (7% annualized for U.S. stocks, 8% for Saudi stocks during promotional periods). Includes Sharia-compliant Murabaha financing.
• Currency Exchange Automated in-app currency exchange service enabling instant conversion between Saudi Riyal (SAR) and U.S. Dollar (USD) with real-time forex rates, supporting cross-border trading across the Saudi and U.S. markets.
• Sahm Academy Educational platform providing investment courses covering Saudi and U.S. market basics, ETFs, options trading, technical analysis, fundamental analysis, and market research reports, targeting both beginner and advanced investors.

Quantifiable outcome

• 3.3 million cumulative active users, 1.5 million registered users, 3.8 million cumulative app downloads
• +3 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability6 records

Feature8 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Saudi Capital Market Authority (CMA)coreOthersSahm Capital operates under CMA license number 25-22251 for dealing, custody, and advisory in securities. The CMA also approved Sahm's capital increase from SAR 56,250,000 to SAR 93,750,000 on 24 October 2023, and additional licenses for investment arrangement, portfolio management, and fund operations on 8 February 2024.
• Raqaba (Islamic Finance Certification)coreOthersSahm Capital holds Sharia compliance certification (Certificate No. س-1-2024) from Raqaba, operating its services in compliance with AAOIFI, IFSB, IAASB, and IASB standards.
• Arab Capital Markets Union (AFCM)minorStrategic or Co-development PartnerSteven Yi Hong Zhou, Chairman of Sahm Capital, was appointed Chair of the AFCM's Fintech and Innovation Technology Committee in 2025, positioning Sahm within the regional capital markets ecosystem.
• TradingViewcoreTechnology or IntegrationSahm integrates TradingView charts and institutional-grade technical analysis tools on its platform, offering 20+ technical indicators and advanced charting features enhanced for larger screen displays on web and tablet.

Scale indicators7 records

Recent moves9 records

Expansion highlights7 records

Direct peers

• eToro: eToro is a global multi-asset retail trading platform offering stocks, ETFs and CFDs across U.S., European and Middle Eastern markets through a mobile-first app with social/community features. Directly comparable to Sahm's cross-border retail brokerage model, though eToro serves a global audience rather than focusing specifically on Saudi/GCC.
• Futu Holdings: Futu is a Hong Kong-headquartered, Nasdaq-listed digital brokerage offering cross-border trading in Hong Kong, U.S. and mainland China markets via the Futubull and Moomoo apps with social community features. Directly comparable to Sahm's mobile-first cross-border retail model with embedded community/AI tools, though Futu's geographic corridor is Greater China rather than Saudi/U.S.
• Webull: Webull is a mobile-first retail trading platform offering U.S. and Hong Kong/HKEX market access with advanced charting, AI-driven insights and commission-free trading. Closely comparable to Sahm's mobile-first, multi-market, AI-augmented retail model, though Webull's dual-market focus is Hong Kong/U.S. rather than Saudi/U.S.
• Robinhood Markets: Robinhood pioneered the mobile-first, commission-free retail brokerage model in the U.S. with gamified UX, fractional shares and a self-serve app. Strongly comparable to Sahm in mobile-first retail-trading DNA and zero-commission positioning, though Robinhood remains primarily U.S.-focused without Sahm's Sharia-compliance or dual Saudi/U.S. dual-market offering.
• Tiger Brokers: Tiger Brokers (UP Fintech) is a Singapore/China-based mobile-first broker providing cross-border trading access to U.S., Hong Kong, Singapore and Australia markets with AI-powered research tools. Comparable to Sahm's cross-border, mobile-first, AI-augmented retail positioning, with a different geographic corridor.

Regional players

• SNB Capital: SNB Capital is the investment arm of Saudi National Bank and a major CMA-licensed Saudi broker-dealer offering brokerage, asset management and advisory services. Comparable as a regional incumbent competing for Saudi retail trading flow, but distributed primarily through bank channels rather than a stand-alone mobile-first app.
• Al Rajhi Capital: Al Rajhi Capital is the investment services arm of Al Rajhi Bank, one of Saudi Arabia's largest banks, offering CMA-licensed brokerage, asset management and margin financing to Saudi retail and institutional clients. Comparable as a dominant regional Saudi brokerage competitor, but embedded within a traditional bank distribution model rather than a stand-alone mobile-first app.
• Riyad Capital: Riyad Capital is one of Saudi Arabia's largest broker-dealers and a Tadawul-licensed securities firm offering brokerage, asset management and investment banking. Comparable as a direct regional competitor for Saudi retail brokerage flow, but is bank-affiliated (Riyad Bank) and serves broader institutional and HNW clients rather than focusing on mobile-first retail with U.S. market access.

Broad incumbents

• Interactive Brokers: Interactive Brokers is a globally established multi-market, multi-asset broker-dealer offering direct access to 150+ markets in 33 countries including Saudi Tadawul and U.S. exchanges. Comparable to Sahm in cross-border equity access, but operates as a professional-grade incumbent with desktop-heavy interface rather than mobile-first retail focus.
• Saxo Bank: Saxo Bank is a Denmark-headquartered, multi-asset broker offering cross-border trading in stocks, ETFs, FX and derivatives across global markets including Saudi and U.S. exchanges, with professional-grade platforms. Comparable to Sahm in cross-border, multi-asset retail/professional offering, but positioned as an incumbent rather than a mobile-first retail disruptor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Sahm_Capital
• YouTubeyoutube.com/@sahm_capital
• Facebookfacebook.com/sahmcapital1
• LinkedInlinkedin.com/company/valuable-capital-financial-co
• Instagraminstagram.com/sahm_capital

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sahm