Arbah Capital

Independent capital market institution

Independent Eastern Province broker with Sharia-compliant margin

Entity:: Arbah Capital Company
HQ:: Al Khobar, Saudi Arabia
Reviewed:: 2026-10-08

Arbah Capital is an independent CMA-licensed investment firm headquartered in Al Khobar. It offers Saudi Exchange brokerage on Mubasher platforms and by telephone, Sharia-compliant margin, asset and wealth management, real estate funds and advisory, and appears in Saudi Exchange broker activity reports.

IndependentEastern ProvinceIslamic finance

Regulation and licence evidence

Capital Market Authority (CMA), Saudi Arabia
Checked on CMA register · Licence 07083-37 · 2026-10-08
Source

“Checked on CMA register” means an editor matched the licence number against the CMA’s list of authorised persons. “Stated by firm” means it appears only on the firm’s own site.

Exchange access

Venue	Access	Executing broker / custodian
Saudi Exchange (Main Market)	Direct member	—
Nomu (Parallel Market)	Not verified	—

Who can open an account

Saudi nationals and iqama holders Yes

GCC nationals Not verified

Non-resident foreigners Not verified

Client types: retail, institutional, corporate

Onboarding

ModeAssisted (remote with staff)

Saudi bank account required Yes

Opens Edaa investor account for you Yes

Documents

National ID (Saudi) or iqama (residents)
Saudi bank account / IBAN
Mobile number registered with Absher

Fee schedule

Saudi Exchange (Main Market)Retrieved 2026-10-08

Component	Rate	VAT (15%)
Total trading commission (brokerage + Saudi Exchange + Edaa + CMA) Published maximum of 15.5 bps on executed value. VAT (15%) applies to the brokerage portion.	0.155%	Not verified

Illustrative SAR 10,000 order: SAR 15.50 vs SAR 15.50 at the 0.155% exchange ceiling.

About 0.155% per executed order with volume discounts, per the firm.

Source

Our calculation from the published schedule, not a quote. Excludes FX, funding, custody and withdrawal costs.

Services

Cash shares Yes

Nomu (parallel market) Not verified

Margin / Murabaha financing Yes

IPO subscription Not verified

Derivatives / options Not verified

Sharia screening Yes

Research Not verified

International markets Not verified

Direct market access Not verified

Platforms: Mubasher web, Mubasher mobile, Telephone dealing desk

Evidence and open questions

CMA register lists Arbah Capital under licence 07083-37.
Source · retrieved 2026-10-08 · confidence high
Appears in Saudi Exchange broker trading activity reports for 2026, confirming it still trades.
Source · retrieved 2026-10-08 · confidence medium

Still to confirm

Online onboarding availability
Published fee schedule
International access

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BrokerBazaar is an independent comparison service. We do not open accounts, hold funds or execute orders. Information is drawn from the provider’s published material on the dates shown and may have changed. Confirm with the provider before investing.