Saudi Capital Market

Author : Bader Alkhaldi
Publisher : Kluwer Law International B.V.
Page : 322 pages
File Size : 53,5 Mb
Release : 2016-11-24
Category : Law
ISBN : 9789041183521

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Saudi Capital Market by Bader Alkhaldi Pdf

A thriving capital market, one that not only brings investment funds into a country but also distributes profits in a transparent manner, is essential for any economy, especially a rapidly developing one such as Saudi Arabia. Already a key player on the world stage, the Kingdom is going through a major planned economic transformation and diversification. In particular, a robust and transparent capital market, with a high level of integrity and sound enforcement, is well on the way to fruition. This book is the first in English to analyse and evaluate the roles of economic planning and a capital market in Saudi Arabia’s economic modernization. In the process of examining the level of transparency and fairness in Saudi Arabia’s capital market, the author provides detailed information and analysis of such issues and topics as the following: – market disclosure rules; – insider trading laws; – gaps in enforcement; – dispute resolution; – role of securities agencies; – Saudi Arabia’s position in international organizations; and – repercussions of the 2006 Saudi stock market collapse. The author draws on a wide range of sources in both English and Arabic, and concludes with well-grounded proposals for appropriate judicial, administrative, and enforcement policies. Investors, their management and attorneys, and other advisors with an eye on trade development in the Middle East will derive great benefit from the current and detailed information in this book. Lawyers and policymakers will discover all they need to know about the Saudi capital market, its developing trends, and applicable laws.

Author : Mohamed A. Ramady
Publisher : Springer Nature
Page : 98 pages
File Size : 44,7 Mb
Release : 2021-03-08
Category : Business & Economics
ISBN : 9783030682675

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Financial Regulation and Liberation by Mohamed A. Ramady Pdf

The book examines in depth, the centrality of the Saudi fixed currency regime to the US dollar, SAMA’s monetary tools, macro prudential policies and its supervision of the Saudi commercial banking sector and new sectors such as insurance, the emerging Fin Tech industry as well as a closer examination of SAMA’s investment policies as custodian of the local currency. Saudi Arabia has long been associated with its central role in the global energy market, with its decisions on production volumes affecting the global financial markets. However, the Kingdom has also emerged as a significant global financial player due to its large holdings of international currency, its dominance of the regional Gulf and Arab world capital markets, and the aspirations of its Sovereign Wealth Fund, the Public Investment Fund. The G20 Presidency in 2020 has also placed Saudi Arabia on the global stage for the country to showcase progress in many and opening up its financial market to foreign investors. But the path to financial regulation and liberation to unleash Saudi Arabia’s potential has not come overnight, but through incremental steps and learning by doing. The results speak for themselves as this book examines: • The Saudi Capital Market and the evolution of its main Tadawul and parallel NOMU stock markets following the inclusion of Tadawul in the FTSE Russell, MSCI and S&P EM Indexes • The centrality of the Saudi fixed peg exchange regime as well as a closer examination of SAMA’s investment policies as custodian of the local currency • SAMA’s rebranding in 2020 as a Central Bank, its monetary and macro prudential policies and the re entry of foreign banks to the Saudi market, reversing previous Saudization of foreign bank branches in Saudi Arabia. The Author offers an analysis of the key challenges facing Saudi Arabia in an age of financial globalization, FinTech and digitization. The challenges faced by the Saudi regulators in the COVID 19 era are examined, along with the country’s financial sector objectives as part of the Vision 2030 program, SME financing now a central plank in the country’s Vision 2030 program, the role of FDI in economic growth, the reasons behind Saudi Arabia languishing behind other countries in attracting FDI given the size of its economy and rising domestic and foreign debt levels. It has been an incredible journey for a young country, and by all indications, the journey for expanded global partnership continues as Saudi Arabia also puts into practice its version of the circular carbon economy, its commitment to climate change, and being at the forefront of a new global digital economy.

Author : Michael O'Kane
Publisher : Unknown
Page : 0 pages
File Size : 44,6 Mb
Release : 2022-06
Category : Electronic
ISBN : 1945979216

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Saudi Arabia Capital Markets Law by Michael O'Kane Pdf

The print version containing all Saudi securities laws in one volume--an essential finding tool not available anywhere else! This tool contains all Saudi securities law, including:Introduction Glossary of Defined Terms (Amended) Anti-Money Laundering and Counter-Terrorist Financing Rules Authorized Persons Regulations Capital Market Institutions Regulations Capital Markets Law Company Announcements Corporate Governance Regulations Credit Rating Agencies Regulations Depositary Receipts Direct Financing Investment Funds Instructions Financial Technology Foreign Strategic Investor Ownership-Listed Companies Investment Accounts Instructions Investment Funds Announcements (Forms) Investment Funds Regulations IPO Book Building IPO Price Stabilization Mechanism Joint Stock Companies Regulatory Rules, Procedures and Guidance Note Market Conduct Regulations Merger and Acquisition Regulations Non-Resident Foreigners Investment in Parallel Market Guidance Note Offer of Securities Regulations Revised Procedures for Listed Companies with Losses Prudential Rules Public Consultations on Implementing Regulations Qualified Foreign Financial Institutions Regulations Qualified Foreign Institutions FAQ Real Estate Investment Funds Regulations Registration of Auditors Reporting of Violations of Capital Market Law Securities Borrowing and Lending Regulations Securities Business Regulations Securities Disputes Short Selling Regulations Securities Central Counterparties Regulations Special Purpose Entities Rules Swap Agreements Framework ...and an expanded glossary. With this tool, it is now possible to search all Saudi securities laws at once. Much cheaper than hiring a lawyer to perform legal research--this book pays for itself the first time you use it.

Author : Henry T. Azzam
Publisher : Routledge
Page : 313 pages
File Size : 43,5 Mb
Release : 2013-12-16
Category : Social Science
ISBN : 9781136883811

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Emerging Arab Capital Markets by Henry T. Azzam Pdf

First Published in 1997. Economic adjustment programs that combine macroeconomic stability and structural reforms are being implemented in several Arab countries. Policy-makers also are devoting more attention to improving the operation of domestic capital markets. To invest in this region now would be a far-sighted move by entering at a stage when the process is still under way. This book is one of very few readily available sources of reference on the region's stock and bond markets, presented in a concise and accessible form. It provides investors, policy-makers, analysts, bankers and other market participants with comprehensive information covering the top 10 Arab stock markets of Saudi Arabia, Egypt, Jordan, Kuwait, UAE, Bahrain, Oman, Lebanon, Morocco and Tunisia. For each market, a historical background is given together with structure, listing and trading procedures, performance trends, financial indicators, sectoral analysis and underlying strengths and weaknesses.

Author : test user
Publisher : Sooraj Nair HS
Page : 86 pages
File Size : 47,8 Mb
Release : 2024-06-30
Category : Electronic
ISBN : 8210379456XXX

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Tadawul Listing Guide - ENGLISH by test user Pdf

Author : Michael O'Kane
Publisher : Michael OKane
Page : 449 pages
File Size : 54,6 Mb
Release : 2011-04-02
Category : Business & Economics
ISBN : 9780615431703

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Saudi Securities Law by Michael O'Kane Pdf

This book is a compilation of Saudi Securities law accompanied by a brief analysis. Containing all relevant Saudi securities laws, it is a necessary reference for those seeking to make private placements, raise funds, or buy or sell securities in and to the Kingdom of Saudi Arabia. This edition contains the full text of the publicly unavailable Securities Disputes Committee Rules in English as well as a section index.

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 45 pages
File Size : 43,5 Mb
Release : 2012-04-18
Category : Business & Economics
ISBN : 9781475503050

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Saudi Arabia by International Monetary Fund Pdf

Saudi Arabia’s Report on Standards and Codes has been examined. The Capital Market Authority (CMA) has made significant progress in establishing its supervision credentials, including issuing implementing regulations. The CMA approach to supervision is both risk-based and compliance-focused, and the cost of compliance needs to be a more central focus when establishing mandatory obligations. The CMA has general and broad powers for inspection and investigation, and it conducts full electronic surveillance of the market. The CMA has the authority to investigate potential violations and to bring enforcement action seeking civil and criminal penalties.

Author : Bogdan Bilaus,Luis Garcia-Feijóo
Publisher : CFA Institute Research Foundation
Page : 166 pages
File Size : 45,8 Mb
Release : 2022-07-15
Category : Business & Economics
ISBN : 9781952927317

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Middle East Capital Markets: Challenges and Opportunities by Bogdan Bilaus,Luis Garcia-Feijóo Pdf

The Middle East economies and their respective capital markets are a unique combination of extremes—from the vibrant, trade-based United Arab Emirates and resource rich Kuwait and Qatar to ones that are currently experiencing challenging times, such as Iraq and Lebanon. This brief covers the history, current characteristics, and challenges and opportunities of 10 capital markets from the Middle East. Each chapter is written by local authors familiar with the corresponding market: Bahrain, Iran, Iraq, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.

Author : International Monetary Fund. Monetary and Capital Markets Department
Publisher : International Monetary Fund
Page : 79 pages
File Size : 40,5 Mb
Release : 2013-07-19
Category : Business & Economics
ISBN : 9781484390696

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Saudi Arabia by International Monetary Fund. Monetary and Capital Markets Department Pdf

This paper discusses Saudi Arabia’s Detailed Assessment of the Observance of the International Organization of Securities Commissions (IOSCO) objectives and principles of securities regulation. The Capital Market Authority (CMA) has made significant progress in establishing its supervision credentials, including issuing implementing regulations. The CMA has also entered into information sharing arrangements with other regulators in the region, and is a party to the IOSCO Multilateral Memorandum of Understanding Concerning Consultation, and Cooperation, and the Exchange of Information. The equity market in Saudi Arabia is of significant size, but has undergone significant change following the events of 2006 and the establishment of the CMA.

Author : Henry T. Azzam
Publisher : AuthorHouse
Page : 0 pages
File Size : 49,5 Mb
Release : 2015
Category : Business & Economics
ISBN : 1504932803

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The Emerging Middle East Financial Markets by Henry T. Azzam Pdf

The book aims to unravel the potentials of Middle East financial markets, which are spread over a large and wealthy part of the world. These markets are gradually being opened for international investors seeking diversification and rewarding risk adjusted returns. However, opening up to international investors is a necessary but not a sufficient condition to attract institutional money needed to provide depth and professionalism to these markets. Without a cultural shift towards more transparency, better regulations and governance, and the availability of custody, clearance and equity research, up to international best practice, not much institutional money will be forthcoming to the region. Funding sources in the Middle East and North Africa Region are still predominantly channeled through the banking system, with equity and fixed income markets playing a marginal role. While the world's financial markets show on average a balanced structure of bank assets, stock market capitalization and debt securities, the capital mix in the region is heavily skewed towards bank assets with a share of 58.8%, equities around 34% and debt securities (bonds and Sukuk) 7.2%. Stock markets of the UAE and Qatar have recently been upgraded to emerging market status, which together with Egypt are the only three Arab countries that have selected listed companies featuring in the Morgan Stanley Capital Index for Emerging Markets (MSCI EM). Saudi Arabia has opened its stock market to direct investment by foreign financial institutions in the second half of 2015. The opening of the Saudi stock market is a major positive development for the region's capital markets. The path ahead for MENA finance has become now clearer. The relative weight of commercial banks in the financial system will diminish gradually, and a wider range of financial services will be provided by deeper and increasingly more sophisticated debt and equity capital markets, in line with worldwide trends. Sharia compliant products, such as Sukuk, are expected to continue to grow at double-digit rate to meet the strong demand generated regionally and internationally.

Author : Kabir Hassan,Michael Mahlknecht
Publisher : John Wiley & Sons
Page : 481 pages
File Size : 55,6 Mb
Release : 2011-04-04
Category : Business & Economics
ISBN : 9780470689578

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Islamic Capital Markets by Kabir Hassan,Michael Mahlknecht Pdf

Islamic Finance has experienced rapid growth in recent years, showing significant innovation and sophistication, and producing a broad range of investment products which are not limited to the complete replication of conventional fixed-income instruments, derivatives and fund structures. Islamic Finance represents an elemental departure from traditional interest-based and speculative practices, relying instead on real economic transactions, such as trade, investment based on profit sharing, and other solidary ways of doing business, and aims to incorporate Islamic principles, such as social justice, ecology and kindness, to create investment products and financial markets which are both ethical and sustainable. Products created according to Islamic principles have shown a low correlation to other market segments and are relatively independent even from market turbulences like the subprime crisis. Therefore, they have become increasingly popular with secular Muslims and non-Muslim investors, as highly useful alternative investments for the diversification of portfolios. In Islamic Capital Markets: Products and Strategies, international experts on Islamic Finance and Sharia'a Law focus on the most imminent issues surrounding the evolution of Islamic capital markets and the development of Sharia'a-compliant products. The book is separated into four parts, covering: General concepts and legal issues, including Rahn concepts in Saudi Arabia, the Sharia'a process in product development and the integration of social responsibility in financial communities; Global Islamic capital market trends, such as the evolution of Takaful products and the past, present and future of Islamic derivatives; National and regional experiences, from the world's largest Islamic financial market, Malaysia, to Islamic finance in other countries, including Germany, France and the US; Learning from Islamic finance after the global financial crisis; analysis of the risks and strengths of Islamic capital markets compared to the conventional system, financial engineering from an Islamic perspective, Sharia'a-compliant equity investments and Islamic microfinance. Islamic Capital Markets: Products and Strategies is the complete investors' guide to Islamic finance.

Author : Ahsan Mansur,Fernando Delgado
Publisher : Palgrave MacMillan
Page : 242 pages
File Size : 44,9 Mb
Release : 2008-10-31
Category : Business & Economics
ISBN : NWU:35556038409751

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Stock Market Developments in the Countries of the Gulf Cooperation Council by Ahsan Mansur,Fernando Delgado Pdf

"This book provides an analysis of the structural strengths and weaknesses of the Gulf stock markets and the appropriateness of policies implemented. It examines the effect of the 2006 correction on financial stability and economic growth and explains the differences in performance of some regional markets. This research integrates for the first time under a homogenous methodology the systematic analysis of all stock markets in the Gulf, identifies common trends and causes for differential behaviour and constitutes a key contribution toward the understanding of the functioning of the Gulf stock exchanges by domestic and foreign investors."--BOOK JACKET.

Author : International Monetary Fund. Monetary and Capital Markets Department
Publisher : INTERNATIONAL MONETARY FUND
Page : 0 pages
File Size : 45,7 Mb
Release : 2013-07-19
Category : Business & Economics
ISBN : 1484390695

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Saudi Arabia by International Monetary Fund. Monetary and Capital Markets Department Pdf

This paper discusses Saudi Arabia’s Detailed Assessment of the Observance of the International Organization of Securities Commissions (IOSCO) objectives and principles of securities regulation. The Capital Market Authority (CMA) has made significant progress in establishing its supervision credentials, including issuing implementing regulations. The CMA has also entered into information sharing arrangements with other regulators in the region, and is a party to the IOSCO Multilateral Memorandum of Understanding Concerning Consultation, and Cooperation, and the Exchange of Information. The equity market in Saudi Arabia is of significant size, but has undergone significant change following the events of 2006 and the establishment of the CMA.

Author : Mohamed A. Ramady
Publisher : Unknown
Page : 88 pages
File Size : 43,9 Mb
Release : 2021
Category : Macroeconomics
ISBN : OCLC:1267406950

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Financial Regulation and Liberation by Mohamed A. Ramady Pdf

The book examines in depth, the centrality of the Saudi fixed currency regime to the US dollar, SAMA’s monetary tools, macro prudential policies and its supervision of the Saudi commercial banking sector and new sectors such as insurance, the emerging Fin Tech industry as well as a closer examination of SAMA’s investment policies as custodian of the local currency. Saudi Arabia has long been associated with its central role in the global energy market, with its decisions on production volumes affecting the global financial markets. However, the Kingdom has also emerged as a significant global financial player due to its large holdings of international currency, its dominance of the regional Gulf and Arab world capital markets, and the aspirations of its Sovereign Wealth Fund, the Public Investment Fund. The G20 Presidency in 2020 has also placed Saudi Arabia on the global stage for the country to showcase progress in many and opening up its financial market to foreign investors. But the path to financial regulation and liberation to unleash Saudi Arabia’s potential has not come overnight, but through incremental steps and learning by doing. The results speak for themselves as this book examines: • The Saudi Capital Market and the evolution of its main Tadawul and parallel NOMU stock markets following the inclusion of Tadawul in the FTSE Russell, MSCI and S&P EM Indexes • The centrality of the Saudi fixed peg exchange regime as well as a closer examination of SAMA’s investment policies as custodian of the local currency • SAMA’s rebranding in 2020 as a Central Bank, its monetary and macro prudential policies and the re entry of foreign banks to the Saudi market, reversing previous Saudization of foreign bank branches in Saudi Arabia. The Author offers an analysis of the key challenges facing Saudi Arabia in an age of financial globalization, FinTech and digitization. The challenges faced by the Saudi regulators in the COVID 19 era are examined, along with the country’s financial sector objectives as part of the Vision 2030 program, SME financing now a central plank in the country’s Vision 2030 program, the role of FDI in economic growth, the reasons behind Saudi Arabia languishing behind other countries in attracting FDI given the size of its economy and rising domestic and foreign debt levels. It has been an incredible journey for a young country, and by all indications, the journey for expanded global partnership continues as Saudi Arabia also puts into practice its version of the circular carbon economy, its commitment to climate change, and being at the forefront of a new global digital economy.

Author : Noureddine Krichene
Publisher : Unknown
Page : 748 pages
File Size : 50,5 Mb
Release : 2012
Category : Banks and banking
ISBN : 1119199107

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Islamic Capital Markets by Noureddine Krichene Pdf

A comprehensive look at the essentials of Islamic capital markets Bringing together theoretical and practical aspects of capital markets, Islamic Capital Markets offers readers a comprehensive insight into the institutions, instruments, and regulatory framework that comprise Islamic capital markets. Also exploring ideas about money, central banking, and economic growth theory and their role in Islamic capital markets, the book provides students and practitioners with essential information about the analytical tools of Islamic capital markets, serves as a guide to investing in I.