SAMA / Saudi CMA by activity
Can a SAMA-licensed fintech offer investment services in Saudi Arabia?
Content reviewed 2026-08-14 · How we check sources
Short answer
Not merely because it holds a SAMA licence. Securities and investment activities fall within the Saudi Capital Market Authority’s perimeter and can require separate CMA authorisation.
What this means
Saudi Arabia divides financial regulation by activity. A payment or finance permission from SAMA does not automatically authorise securities advice, dealing, arranging or asset-management services.
A combined product should map each feature to the competent regulator and, where necessary, use separately authorised entities or permissions.
Official sources
Saudi CMA — FinTech Lab ↗Ask with your entity, activity and regulator.
Regulatory research, not legal advice. This answer has the scope and review date shown above; your institution decides applicability.