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Become a member

Organizations obtain access to Muqassa’s clearing markets by entering into a membership agreement for clearing. 

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Membership requirements

To be eligible for membership at Muqassa, firms must meet certain net capital and other requirements.

How To Submit Your Application

  • Submit a complete membership application form aligned with your desired membership type. 
  • Submit an electronic copy of the Commercial Registration issued by Ministry of Commerce and Investment.
  • Submit a copy of the license issued by the CMA (for Authorized Personal) or SAMA (for Banks).
  • Submit capital depository certificate and supporting legal documentation.
  • Provide details on the firm’s board of directors.
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Approval Process

Muqassa reviews the request and may ask for more details. Following a satisfactory preliminary review, Muqassa will grant “Approval in Principle”. 

Once the approval in principle is granted, Muqassa will conduct more in-depth checks including infrastructure tests to ensure system compatibility and confirmation of all documentation required. If approved, Muqassa will grant formal admission as a Muqassa member and work with them to finalize infrastructure requirements and establish operations in preparation for business.

 

For more information about the membership, please contact a member of our team at the following email address: 

AM@Muqassa.sa

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Membership Fees

Initial Membership SAR 60,000 payable once.
Annual Membership SAR 30,000 payable annually for continuing clearing membership.

For more information about other applicable fees, please visit our fees webpage

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start the process today

  • You can apply for a clearing membership through the Member Authorization System, Please submit the application form and required documents through the following link: https://ma.tadawulgroup.sa.

     

    To explore membership, contact us at AM@Muqassa.sa 

    Contact Us
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