How to buy shares in the Saudi Stock Exchange

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The most important thing to make sure of in the method of buying shares is that the financial broker you are dealing with accepts deposits in Saudi riyals, as there are some financial brokerage companies that refuse financial transactions except in US dollars only, and you must also make sure that there is an Islamic trading account with the financial brokerage company, so that it ensures that all trades and financial transactions are conducted in a manner consistent with the controls of Islamic Sharia, and the method of buying shares in the Saudi Stock Exchange is as follows:
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Choose a reliable financial brokerage company licensed by the Saudi Arabian Monetary Agency, to ensure that your money and investments are placed in a safe place.

Choose the type of investment account you want to open, as each brokerage company offers different types of trading accounts. Each account has some advantages, and the minimum deposit value in each account also differs. This is done by choosing the type of account that matches the financial budget that each person sets to start their trading.

After opening the investment account and funding it with the appropriate capital. The trading platform is used and trading orders are started by entering the symbols of the shares to be purchased. The trading system automatically verifies the availability of the required shares in the sellers' accounts, as well as the accuracy of the investor's data.
Saudi stock purchase orders are entered into the order management system on the trading platform. According to the market system, the orders are transferred to the trading system on the Saudi Stock Exchange via a high-speed communication network. The orders are then matched according to the price and date of entering the orders.
The stock purchase deal is executed according to the orders that match the price and time, and then the shares are automatically transferred to the Securities Depository Center until the process of transferring ownership of the shares to the buyer is completed and automatically transferred to his stock portfolio.
The value of the deal is transferred to the seller's account via the Saudi Financial Transfer System within two days from the date of the deal.