Aajil Capital Obtains Investment Management License from the Capital Market Authority
By: www.wamda.com|2026/09/01 12:41:38
0
Share
Prefer us on Google
Aajil Capital, based in Saudi Arabia, has obtained a license from the Capital Market Authority to engage in investment management activities in securities. The company has not yet commenced regulated activities and will begin operations after fulfilling the Authority's requirements. Aajil Capital intends to offer Sharia-compliant investment management services targeting investors in the small and medium-sized industrial enterprises sector in Saudi Arabia. Any offering of investment funds will be subject to the Authority's approvals. Aajil Capital plans to build its investment strategy by leveraging transaction data generated by its sister platform, Aajil, which provides raw materials to industrial enterprises on a deferred payment basis. Aajil has supplied materials worth 600 million Saudi Riyals, approximately 160 million USD, to manufacturers and contractors until August 31, 2026. The Board of Directors of Aajil Capital is chaired by Abdullah Al-Sheikh, while Faisal Chaudhry holds the positions of CEO and Chief Investment Officer.
-- Price
--
--
--
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
South Korea's Media Giants Etoday and Nexblock Partner with RootData to Strengthen Web3 Data Content Collaboration
Etoday and Nexblock sign a memorandum of understanding (MOU) for collaboration on blockchain and digital asset data and content.
QA and Intelligent Automation: Banks and Insurers Drive Demand in Brazil
Mozilla prepares default JPEG-XL support in Firefox 157
Mozilla plans to enable JPEG-XL decoding by default in Firefox 157, while Google is also pushing for its adoption in Blink, with both browsers contrasting their advantages against AVIF.
MSX Pre-IPO Subscription Starts on the 31st, Including Neuralink and Anduril
The real asset (RWA) trading platform MSX will start its Pre-IPO Phase 3 project subscription on the 31st at 7 PM. This subscription includes the brain-computer interface company Neuralink and the U.S. AI defense technology company Anduril.
Poland Launches 'Economy 2.0', GDP Exceeds $1 Trillion
Public Debt in the Americas: Risk Premium Triples with Expanding Fiscal Deficit
The analysis indicates that economies with high public debt in the Americas respond nearly three times more significantly in terms of national risk premium when fiscal deficits increase compared to those with lower debt. The rise in risk premium is...
Trump Media Cancels Crypto Projects
Trump Media has decided to terminate its planned CRO treasury initiative with Crypto.com and Yorkville, and will also scale back the prediction market integration on Truth Social.
Web3 AI infrastructure AIW3 announces strategic investment from Liquid Capital
Web3 AI infrastructure AIW3 announced a strategic investment from Liquid Capital.AIW3 focuses on the deep integration of AI Agents and on-chain transaction execution, creating intelligent execution infrastructure for the next generation of Web3 through a modular Agent collaboration network, an on-ch...
Benchmark has lowered the target price for Strategy from $705 to $570
According to market news, investment firm Benchmark has lowered its target price for Strategy from $705 to $570.
The number of Starlink users has increased about fourfold in four years, but the revenue per user continues to decline
According to a report by The Information, Starlink's global user count has increased to approximately 7.8 million in 2025, marking significant growth compared to 2021. However, its average monthly revenue per user (ARPU) has decreased by about 18% during the same period, reflecting the company's str...
GameStop has staked 4,709 BTC on Coinbase for a covered call option strategy
According to monitoring by BitcoinTreasuries.NET, GameStop has pledged 4709 of its 4710 bitcoins as collateral, staked to Coinbase for a covered call option strategy.
Bank of New York Mellon reduced its holdings in Strategy shares, with the current value of its holdings approximately 127.3 million USD
The Bank of New York Mellon reduced its position in Strategy by 1%, with the total number of shares decreasing to 913,183, valued at approximately $127.3 million.
Ethereum and Base Abandon Common Standard for Crypto Wallets
Ethereum moves forward with EIP-8141, Base pushes EIP-8130: both networks abandon a common wallet standard. Consequences for crypto developers.
Banning stablecoin yields barely boosts bank credit
Bitcoin faces an October 18 test as Trump prepares new Russia tariffs
Trump’s Russia sanctions law could tighten financial conditions if tariffs push oil, inflation and the dollar higher.
Wyoming: LayerZero Loses State Stablecoin, Chainlink Takes Over
Wyoming accuses LayerZero of poorly securing a key for the FRNT stablecoin, LayerZero responds with on-chain evidence. A complete breakdown of the case.
Circle's Enterprise-Level Stablecoin Blockchain Arc Sees Most Traffic from Meme Tokens, with Only About 624,000 USDC Transfers
Avalanche Treasury Warning: Large-scale Entry of AI Agents into Financial Markets Will Severely Deplete L1 Blockchain Capacity
Hyperliquid's Path to the U.S. Revealed: Kraken's Parent Company Accesses via HIP-3, Restrictions Remain Stringent
SEC Holds All-Day Trading Symposium! Paul Atkins: Discussing Extending US Stock Trading to 24 Hours to Align with Cryptocurrency Market
European Stock Exchanges: Tokenized Stocks Disrupt an Already Fragmented Market
Europe aims to consolidate its stock exchanges to attract American capital while tokenized stocks are already traded without borders or hours.
HotShort to present short-drama RWA model at GWDC Korea 2026
AI Model Gemini Exits Testing and Attacks Three Real Companies
BlackRock Executive: Bitcoin Volatility Halved, Shifting from 'Get-Rich Narrative' to 'Collateral Narrative'
Lemon exits Brazil over crypto licensing costs
Brazil blocks stablecoins from key cross-border payment rail as $1.1 trillion market faces new limits
Brazil's central bank is banning virtual assets from one critical cross-border settlement channel while preserving their use for individual international transfers.
The Three Words and One Answer from Yesterday's Press Conference: Wall Street is Pondering 'Waller's Approach'
In Waller's framework, after the target range rises to 3.75%-4%, the policy stance remains stimulative—this rate hike merely removed "one dose" of accommodation. The neutral rate—the core anchor for the Fed's assessment of policy tightness over the past decade—has been set aside from an operational ...
Crypto: The 2026 Ranking of the 36 Most Favorable Countries for Adoption
The 2026 Crypto Adoption Index by Henley & Partners ranks 36 countries based on their reception of cryptocurrencies. Singapore remains at the top, followed by the UAE and Hong Kong.
Follow the Money: Corporate Segment Lull, Kaiko's $57 Million Round, and Several M&A Deals
Crypto VC funding: Kaiko leads $180M week
South Korea's Media Giants Etoday and Nexblock Partner with RootData to Strengthen Web3 Data Content Collaboration
Etoday and Nexblock sign a memorandum of understanding (MOU) for collaboration on blockchain and digital asset data and content.
QA and Intelligent Automation: Banks and Insurers Drive Demand in Brazil
Mozilla prepares default JPEG-XL support in Firefox 157
Mozilla plans to enable JPEG-XL decoding by default in Firefox 157, while Google is also pushing for its adoption in Blink, with both browsers contrasting their advantages against AVIF.
MSX Pre-IPO Subscription Starts on the 31st, Including Neuralink and Anduril
The real asset (RWA) trading platform MSX will start its Pre-IPO Phase 3 project subscription on the 31st at 7 PM. This subscription includes the brain-computer interface company Neuralink and the U.S. AI defense technology company Anduril.
Poland Launches 'Economy 2.0', GDP Exceeds $1 Trillion
Public Debt in the Americas: Risk Premium Triples with Expanding Fiscal Deficit
The analysis indicates that economies with high public debt in the Americas respond nearly three times more significantly in terms of national risk premium when fiscal deficits increase compared to those with lower debt. The rise in risk premium is...
...
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
