Abyan Capital Launches Shariah-Compliant, Self-Directed Access to US Markets with Alpaca

Abyan Capital, a prominent robo-advisory investment platform in Saudi Arabia, has launched a new self-directed trading service that enables users to trade US equities and open high-yield savings accounts in compliance with Shariah law. This initiative is powered by Alpaca, a global leader in brokerage infrastructure API, providing access to stocks, ETFs, and more. The service is introduced amidst a rapidly growing interest in US equities among Saudi investors, with the US markets accounting for over 98% of all international trading by Saudi investors. Abyan aims to fill a gap in the Saudi market by offering Shariah-compliant products, user-friendly experiences, and efficient access to US markets on a single platform. Alpaca's infrastructure has been instrumental in supporting Abyan's new offerings, aligning with Saudi Arabia's Vision 2030 agenda to expand financial inclusion and diversify the economy. This collaboration between Abyan Capital and Alpaca, which began in 2021, strengthens their partnership and commitment to providing innovative financial solutions.

No tracked trend matches for this post yet.

Use this post, company, and trend context to find content marketing opportunities, perform competitive analysis, or address product feature gaps via the Plushcap MCP server or the Plushcap API.