Interest in US equities has been growing rapidly among Saudi investors. According to the Capital Markets Authority, transactions reached SAR193.4 billion (USD51.6 billion) in Q2 2025, a 230% year-over-year (YoY) increase. Additionally, the US markets accounted for over 98% of all international trading by Saudi investors, highlighting the importance of providing continued, open access to US-based investment opportunities.
“Through conversations with thousands of users, we identified a significant gap in the Saudi market: no single player was offering Shariah-compliant products, intuitive user experiences, and efficient access to US markets all on one platform. We believe we can be that player and offer all three in a compelling way,” said Saleh Alaqeel, Co-Founder, Abyan Capital.
Powered by Alpaca’s Broker API, Abyan’s self-directed trading platform will offer:
- Shariah-compliant US equities, high-yield cash accounts, and instant funding
- A streamlined onboarding process that removes the need for physical visits and unnecessary paperwork
- Multiple funding options, including card payments, wire transfers, and transfers from existing Abyan portfolios
- Tools to calculate the purification, Zakat, and Shariah compliance of stocks
“Our partnership with Alpaca has been crucial in making it easier for us to launch our Shariah-compliant trading solutions,” said Saleh Alaqeel. “Their reliable technical infrastructure and continuous introduction of new features have been instrumental to our success.”
“We are excited to support Abyan as they bring self-directed trading to their users,” said Yoshi Yokokawa, CEO and Co-Founder of Alpaca. “As Saudi Arabia advances its Vision 2030 agenda to expand financial inclusion, diversify its economy, and empower individuals through innovation, Alpaca is proud to contribute by building infrastructure that enables Shariah-compliant investing. Our mission is to open global financial accessibility, and supporting the Kingdom’s goals is a natural extension of that commitment.”
This launch strengthens the long-standing partnership between Abyan Capital and Alpaca, which began in 2021.
About Alpaca
Alpaca is a US-headquartered self-clearing broker-dealer and brokerage infrastructure for stocks, ETFs, fixed income, 24/5, and options trading– raising over USD170 million in funding. Alpaca is backed by top-tier investors globally, including Portage Ventures, Spark Capital, Tribe Capital, Social Leverage, Horizons Ventures, Unbound, SBI Group, Derayah Financial, Elefund, and Y Combinator. For more information, visit: alpaca.markets
About Abyan Capital
Abyan Capital is a robo-advisory investment platform that was established in June 2021 by Saleh Alaqeel, Abdullah Aljeraiwi, and Omar Almania. The company launched its Shariah-compliant robo-advisory platform in 2022 to make it easy for an average user in Saudi to save and invest. For more information, visit: abyancapital.sa
Securities brokerage services are provided by Alpaca Securities LLC, member FINRA/SIPC, a wholly owned subsidiary of AlpacaDB, Inc.
Alpaca does not make any representation that its products or services are Shariah-compliant. Customers are solely responsible for determining whether any offering meets their own Shariah requirements.
All investments involve risk; for more information, please see our Disclosure Library.
Alpaca Securities offers a cash management program pursuant to the Profit Sharing FDIC Bank Sweep Program. Customer funds are treated differently and are subject to separate regulatory regimes depending on whether customer funds are held in their brokerage account or within the Profit Sharing FDIC Bank Sweep Program. Alpaca Securities is a member of the Securities Investor Protection Corporation (SIPC), which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). The Federal Deposit Insurance Corporation (FDIC) insures up to $250,000 per deposit against the failure of an FDIC member bank. Customer funds held in brokerage accounts are SIPC insured, but are not eligible for FDIC insurance coverage. Funds maintained in the Profit Sharing FDIC Bank Sweep Program are intended to be eligible for pass-through FDIC insurance coverage but are not covered by SIPC. FDIC insurance does not protect against the failure of Alpaca, Alpaca Securities, or their affiliates, nor against malfeasance by their employees. Program banks that participate in the Profit Sharing FDIC Bank Sweep Program are not members of SIPC, and therefore, funds held in the Program are not SIPC protected. Please see alpaca.markets/disclosures for important additional disclosures regarding Alpaca Securities brokerage offering, as well as Profit Sharing FDIC Bank Sweep Program terms and conditions.
AlpacaDB, Inc., the parent company of Alpaca Securities LLC, provides services and technology, including the brokerage infrastructure API supporting Alpaca’s financial services.
This is not an offer, solicitation of an offer, or advice to buy or sell securities or open a brokerage account in any jurisdiction where Alpaca Securities is not registered or licensed, as applicable.
Alpaca and Abyan Capital are not affiliated and are not responsible for the liabilities of others.
Contacts
Media Contact
Patrick Valoppi
press@alpaca.markets
Source: Alpaca
Reporter: PR Wire
Editor: PR Wire
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