Article 6(c): Instructions for Opening Investment Accounts for Natural Persons
As published by the Capital Market Authority and read from the source by the regulation watch; reproduced verbatim, with attribution and a link to the source.
c) Opening Investment Accounts for Foreign Residents in the Kingdom
1) Foreign Residents Carrying a Residence Permit (Iqama) or Resident Identity: To open an investment account for a foreign resident who holds a residence permit (Iqama) or resident identity, the capital market institution must obtain and verify his valid residence permit (Iqama) or resident identity information. ماع - Public
2) Holders of the Five Years Residency Card: To open an investment account for a holder of a five years residency card, the capital market institution must obtain and verify the valid five years residency card information.
3) Members of the Diplomatic Missions in the Kingdom: To open an investment account for a member of a diplomatic mission in the Kingdom, the capital market institution must obtain and verify an identification letter from the member's embassy and the member's valid diplomatic identity card information.
Text read on · 5b3b924fb0d4
History
Each time the regulation watch read the source and found these words changed, the earlier text was kept. Removed words are struck through, added words underlined.
No amendment has been seen since the platform first read these words on 2026-09-14.
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Source
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- Published at
- CMA — Investment Accounts Instructions (English)
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- first read
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