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Mekyal Financial Technologies

Makyal Financial Technologies Company is a Saudi closed joint stock company with a capital of 7,500,000 Saudi Riyals, registered with the Ministry of Commerce under commercial registration number (1010665180) and unified number (7008525268) on 16/03/1442 H, originating from Riyadh, Kingdom of Saudi Arabia. Makyal Financial Technologies obtained a license from the Capital Market Authority with license number (10-23263) on 21/06/2023 H to engage in securities activities for arranging activities, and started operating on 27/12/2023.
Based on the Financial Market Law issued by Royal Decree number (M/30) dated 02/06/1424 H, and the instructions for the Financial Technology Experiment Permit issued by the Authority on 23/04/1439 H corresponding to 10/01/2018, which aims to provide a regulatory framework that supports financial technology (fintech) innovation in the financial market in the Kingdom, the Authority Council issued its decision on 23/07/2020 approving the financial technology experiment permit application submitted by Makyal Financial Technologies Company to establish a crowdfunding platform. Based on this permit, Makyal Financial Technologies Company will be able to test the crowdfunding platform through which investors can participate in financing medium and small companies in exchange for a share in their stocks. This service is provided through an electronic portal owned and supervised by the company.

Makyal Financial Technologies Company provides promising investment opportunities to achieve significant returns for investors. Our goal is to serve the interests of customers while committing to risk management, compliance, work standards, and high transparency standards. The company is managed by an experienced team with a network of relationships and business with banking and investment institutions and employers.

Board Members

Executive Management

Major Shareholders

Mr. Hesham Hussain AbouJamee

Owns: 30%

Dr. Abdullah Al Zamil

Owns : 43.33%

Organizational Chart