PALESTINE CAPITAL MARKET AUTHORITY

What PALESTINE CAPITAL MARKET AUTHORITY does

The Palestine Capital Market Authority (PCMA) is a public regulatory institution established by Capital Market Authority Law No. 13 of 2004 and operational since 2005, headquartered in Surda, Ramallah and Al-Bireh governorate, State of Palestine. PCMA holds exclusive statutory authority to regulate and supervise Palestine's non-banking financial sectors, encompassing insurance, securities, financial leasing, and mortgage financing. As of 2022, 47 companies were listed on the Palestine Exchange under its oversight, with PCMA exercising sanction authority (e.g., trading suspensions for non-disclosing issuers) and licensing control across supervised entities.

PCMA's product and technology surface includes its official website (pcma.ps) as the primary public communications platform, the Ibtakar digital innovation platform launched in 2021 to engage fintech innovators, the E-KROKA national electronic sketch drawing system for traffic accident documentation, and a Virtual Supervision Fund developed under its 2021-2025 strategic plan. The Authority publishes annual reports (2009-2025), quarterly bulletins, and co-publishes the Economic Monitor with the Palestine Monetary Authority, Palestine Economic Policy Research Institute (MAS), and Palestinian Central Bureau of Statistics. Recent regulatory actions include Sharia-compliant financial leasing regulations, an Islamic Financial Services Framework (2023), and the 2025 electronic payment incentive discount decision for the insurance sector.

As a government regulatory body, PCMA does not generate commercial revenue; it is funded through the Palestinian state budget and operates with financial and administrative autonomy under its founding law. Leadership consists of Chairman Ammar Al-Akr and Director General Barraq Al-Nabulsi, supported by a staff of approximately 22. The Authority engages in active partnerships with universities, government ministries, EU bodies (EU4B), and international counterparts to advance financial literacy, AML compliance, and sector development within Palestine's capital markets.

Name

PALESTINE CAPITAL MARKET AUTHORITY

Legal name

Palestine Capital Market Authority (PCMA)

Website

https://pcma.ps

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

The Palestine Capital Market Authority is a public regulatory institution, established in 2005 under Law No. 13 of 2004, that regulates and supervises Palestine's non-banking financial sectors—insurance, securities, financial leasing, and mortgage financing—serving listed companies, financial institutions, investors, and the public.

Ownership category

akta.pro rank

Product category

Capital Market Regulation

NAICS

Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors (926150), Public Administration (92)

akta.pro primary industry

Research Compliance & Governance (FSACAGAK)

akta.pro secondary industries

Public Asset & Investment Management (BPAIAEAG), Municipal Finance, Treasury, Budget & Procurement (BPAIACAC)

Keywords

• Capital market regulation
• Non-banking financial supervision
• Insurance securities leasing
• Financial sector licensing
• Investor protection

Headquarters

HQ city

Ramallah and Al-Bireh

HQ country

Palestinian Territories

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Distribution channels2 records

Marketing channels5 records

Core offering

The Palestine Capital Market Authority is a public regulatory institution that regulates and supervises Palestine's non-banking financial sectors—insurance, securities, financial leasing, and mortgage financing—through licensing, compliance enforcement, consumer protection, and sector oversight established under Capital Market Authority Law No. 13 of 2004. It also publishes annual reports, quarterly bulletins, and an Economic Monitor, and operates the Ibtakar digital innovation platform plus the E-KROKA national electronic sketch drawing system as part of its 2021-2025 strategic plan.

Product overview

The Palestine Capital Market Authority (PCMA) is a public regulatory institution overseeing the non-banking financial sector in Palestine. Its primary offerings include regulatory supervision of insurance, securities, financial leasing, and mortgage financing sectors. The Authority operates an official website as its main communication platform, supplemented by an innovation platform called 'Ibtaker' (launched 2021) for engaging with fintech innovators. The Authority has developed digital initiatives including the E-KROKA national electronic traffic accident system and a Virtual Supervision Fund as part of its 2021-2025 strategic plan. PCMA also publishes annual reports, quarterly bulletins, and economic monitors documenting sector performance.

Differentiator

Problem solved

Functional benefit

Brands

• Ibtakar (ابتكر): Digital innovation platform launched by PCMA to facilitate communication between the authority and innovators in capital market sectors.
• E-KROKA

Products and services

• Official Website (الموقع الإلكتروني الرسمي) The official digital portal of PCMA providing regulatory information, sector oversight details, publications, and public services for the non-banking financial sector including insurance, securities, financial leasing, and mortgage financing.
• Ibtakar Innovation Platform (منصة الابتكار) A regulatory innovation platform facilitating communication between PCMA and fintech innovators in capital market sectors; the first such platform in the Palestinian capital market regulatory ecosystem.
• E-KROKA National Electronic Sketch Drawing System (نظام الرسم الكروكي الإلكتروني الوطني) National electronic sketch drawing system developed to advance Palestine's traffic accident documentation infrastructure.
• Virtual Supervision Fund (صندوق الرقابة الافتراضي) Fintech initiative developed as part of PCMA's strategic plan to enhance fintech adoption in the non-banking financial sector.
• Annual Reports (التقارير السنوية) Annual reports published by PCMA documenting performance, developments, and statistics across all supervised financial sectors, published annually from 2009 through 2025.
• Quarterly Bulletin (النشرة الربعية) Quarterly bulletins providing periodic statistics and analysis of economic development in the Palestinian economy.
• Economic Monitor (المراقب الاقتصادي) Quarterly economic monitor co-published with Palestine Economic Policy Research Institute (MAS), Palestine Monetary Authority, and PCBS, focusing on the non-banking financial sector.
• Professional Certification Programs (الشهادات المهنية) Professional certification training programs for securities and insurance sector professionals, delivered in partnership with Palestinian Banking Institute.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Ten partnerships are on record, tiered core, major and minor.

• Palestinian Banking Institute (المعهد المصرفي الفلسطيني)coreImplementation/ SI/ Consulting PartnerCollaborative partnership for training programs including the 'Best Practices for Real Estate Appraisal' program and professional certification requirements for licensed appraisers.
• Palestine Economic Policy Research Institute (MAS)coreStrategic or Co-development PartnerCo-publishing the Economic Monitor periodical with Palestine Monetary Authority and Palestinian Central Bureau of Statistics. PCMA contributes the non-banking financial sector section.
• European Investment Platform (EU4B)majorStrategic or Co-development PartnerHigh-level technical coordination meeting held with EU4B project represented by Naser Amouri and Chris Zignono, targeting the financial leasing sector.
• Ministry of Communications and Digital EconomymajorStrategic or Co-development PartnerCollaborative workshop on electronic transactions and trust services addressing legal and technical aspects of digital regulations.
• Arab American UniversityminorStrategic or Co-development PartnerOrganized 'Trading Day' event to promote financial market awareness and education among students.
• Birzeit UniversityminorStrategic or Co-development PartnerJoint initiatives to raise awareness about Forex trading risks among university community.
• Palestine Monetary Authority (PMA)coreStrategic or Co-development PartnerCollaboration on Economic Monitor publication and broader financial sector stability initiatives.
• Palestinian Central Bureau of Statistics (PCBS)coreStrategic or Co-development PartnerJoint publication of Economic Monitor providing quarterly economic development statistics and analysis.
• BPW-Palestine (Business Professional Women)minorStrategic or Co-development PartnerDiscussions on women's economic empowerment and financial inclusion initiatives.
• Turkish EmbassyminorOthersDiplomatic meeting between PCMA Chairman and Turkish Ambassador discussing economic and developmental cooperation.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Saudi Capital Market Authority (CMA): Saudi Arabia's capital markets regulator overseeing securities, insurance intermediaries, and related sectors. Functionally parallel to PCMA in supervising non-banking financial activity in a Middle Eastern jurisdiction.
• UAE Securities and Commodities Authority (SCA): Federal regulator of securities and commodities in the UAE. Comparable capital-markets supervisory mandate to PCMA but operating across a much larger and more diversified financial ecosystem.
• Central Bank of Bahrain (CBB) — Capital Markets Supervision: CBB's capital markets and licensing directorate regulates securities, insurance, and other non-bank financial services in Bahrain. Comparable integrated non-banking regulatory function to PCMA.
• Qatar Financial Markets Authority (QFMA): Qatar's capital markets regulator overseeing securities exchanges and listed issuers. Functionally comparable to PCMA in mandate, though scaled to a much larger Gulf financial center.
• Capital Markets Authority of Turkey (SPK / CMB): Turkey's primary capital markets regulator with a much larger mandate and team. Comparable functional role (capital markets supervision) though operating in a far larger and more developed market.
• Egyptian Financial Regulatory Authority (FRA): Egypt's integrated non-banking financial regulator covering capital markets, insurance, mortgage finance, and financial leasing — a mandate that closely mirrors PCMA's four-sector scope.

Direct peers

• Jordan Securities Commission: Jordan's securities and capital markets regulator. Closely comparable to PCMA in mandate and scope (non-banking financial sector oversight) within a neighboring Middle Eastern regulatory environment.
• Palestine Monetary Authority (PMA): Palestine's central monetary authority overseeing the banking sector and monetary policy. Direct domestic counterpart to PCMA, co-publishing the Economic Monitor and collaborating on financial-sector stability initiatives.

Emerging players

• Cyprus Securities and Exchange Commission (CySEC): Cyprus's national securities and capital markets regulator. Comparable functional mandate to PCMA but with EU regulatory alignment and a more developed fintech oversight practice that PCMA's Ibtakar platform may benchmark against.

Regional players

• Israel Securities Authority (ISA): Securities regulator of the State of Israel, geographically adjacent to Palestine. Comparable function but operates under a different legal and market framework and in a far more developed capital market.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/login
• YouTubeyoutube.com/channel/UCBbUALZvnr36sor3E8WhRcQ
• Facebookfacebook.com/PalestineCMA
• LinkedInlinkedin.com/company/palestine-capital-market-authority

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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

Frequently asked questions about PALESTINE CAPITAL MARKET AUTHORITY