Exchanges get religion in pursuit of Muslim cryptobros

August 12, 2025--Saudi Arabia's Capital Market Authority (CMA) is planning to make investment funds available to the public via the stock markets.
The new initiative, for which it has sought public feedback, allows for certain types of "financing investment funds", which are currently only available through private placements, to be listed on the Main and Parallel Markets of the Saudi Stock Exchange (Tadawul).

The move is part of a strategy to diversify investment products for the public, boost the asset management industry and provide new funding channels to support economic growth.