Based on the financial system issued by the Royal Decree No. (M/30) dated June 2, 2003, and in accordance with the implementing regulations and the instructions for the financial technology trial permit issued by the Capital Market Authority Council, the Saudi Financial Market Authority announces that Thuluth Financial Technology Company has met all the requirements to begin operating under the permit granted by the council decision dated December 26, 2022, for the financial technology trial of robo-advisory services.
This announcement marks an important step towards supporting the evolution of financial technologies in the market, as Thuluth Company provides automated advisory services aimed at enhancing investment decision-making efficiency for users.
