PRESSR: Abyan Capital launches a Sharia-compliant self-trading service effective in US markets.
NEW YORK and RIYADH, Saudi Arabia: Abyan Capital , the leading robo-advisory investment platform in Saudi Arabia, today announced the launch of a new self-trading service, enabling users to trade US stocks and open high-yield Sharia-compliant savings accounts. This new service is powered by Alpaca , a global leader in API -based brokerage infrastructure, facilitating access to options, equities, ETFs , and fixed income instruments.
Saudi investors' interest in trading in US stocks is growing rapidly. According to the Capital Market Authority, the value of transactions reached SAR 193.4 billion (equivalent to USD 51.6 billion) in the second quarter of 2025, a 230% year-on-year increase. Additionally, US markets accounted for more than 98% of total international trades conducted by Saudi investors, highlighting the importance of facilitating continued access to investment opportunities in US markets.
“We conducted conversations with thousands of users and identified a huge gap in the Saudi market: no one offered Shariah-compliant products, a seamless user experience, and efficient access to the US market through a single platform,” said Saleh Al- Aqeel , co-founder of Abyan Capital. “We believe we can fill this role and be the provider of all three services using an efficient approach.”
Abyan 's self-trading platform, powered by Alpaca 's brokerage API, will offer the following services:
- Sharia-compliant US stocks, high-yield cash accounts, and instant financing
- A simplified registration process eliminates the need for field visits or unnecessary paperwork.
- Multiple financing options, including card payment services, bank transfers, and transfers from existing Abyan investment portfolios
- Tools for calculating purification and zakat dues and the extent to which stocks comply with Islamic Sharia
"Our effective partnership with Alpaca has played a pivotal role in facilitating the launch of Sharia-compliant trading solutions," said Saleh Al-Aqeel. "Their efficient technical infrastructure and the constantly updated features they offer have been a key factor in our success."
“We are excited to support Abyan in its journey to bring self-service trading to users,” said Yoshi Yokokawa , CEO and co-founder of Alpaca . “As Saudi Arabia continues to advance its Vision 2030 agenda of promoting financial inclusion, achieving economic diversification, and empowering individuals with innovative solutions, Alpaca is proud to contribute to building a prominent infrastructure that facilitates Shariah-compliant investing. Our mission is to facilitate access to global financial services, and supporting the Kingdom’s goals is a natural extension of this commitment.”
The launch of this service strengthens the constructive partnership between Abyan Capital and Alpaca , which began in 2021.
About Alpaca
Alpaca is a US-based brokerage firm focused on self-settlement services and operates a robust infrastructure that regulates equities, ETFs , fixed income, and options trading 24/5. It has also raised over $170 million in funding. Alpaca is backed by leading global investors, including Portage Ventures , Spark Capital , Tribe Capital , Social Leverage , Horizons Ventures , Unbound , SBI Group , Derayah Financial , Elefund , and Y Combinator . For more information, please visit: alpaca.markets
About Abyan Capital
Abyan Capital is a robo-advisory investment platform founded in June 2021 by Saleh Al-Aqeel, Abdullah Al-Jeraiwi, and Omar Al-Manea. The company launched its Sharia-compliant robo-advisory platform in 2022 with the goal of facilitating the savings and investment process for the average Saudi user. For more information, please visit abyancapital.sa
Securities brokerage services are provided by Alpaca Securities LLC , a member FINRA/SIPC , and a wholly-owned subsidiary of AlpacaDB, Inc.
Alpaca makes no representation that its products or services are Sharia-compliant. Customers are solely responsible for determining whether an offer is Sharia-compliant.
All investments involve risks; for more information, please visit the Disclosures Library.
Alpaca Securities offers a cash management program under the Profit Sharing FDIC Bank Sweep Program . It's important to note that client funds are treated differently and subject to separate regulations depending on whether client funds are held in a brokerage account or under the Profit Sharing FDIC Bank Sweep Program . Alpaca Securities is a member of the Securities Investor Protection Corporation (SIPC) , which provides financial protection to its member securities clients up to $500,000 (including a $250,000 limit for cash claims). The Federal Deposit Insurance Corporation (FDIC) provides insurance up to $250,000 per deposit in the event of a financial failure of an FDIC- member bank. Client funds held in brokerage accounts are covered by SIPC insurance but are not eligible for the FDIC's insurance plan. Funds deposited in the Profit Sharing FDIC Bank Sweep Program are eligible for the FDIC 's direct insurance plan but are not covered by SIPC insurance. FDIC insurance does not provide protection in the event of financial failure of Alpaca , Alpaca Securities, or their affiliates, nor in the event of employee misconduct. Additionally, the banks included in the Profit Sharing FDIC Bank Sweep Program are not members of SIPC , and therefore funds deposited in the program are not covered by SIPC insurance. Please visit alpaca.markets/disclosures for additional important disclosures related to Alpaca Securities' brokerage offerings, as well as the terms and conditions of the Profit Sharing FDIC Bank Sweep Program .
AlpacaDB, Inc. , the parent company of Alpaca Securities LLC , provides premium services and advanced technologies, including an API for the brokerage infrastructure that powers Alpaca 's financial services.
This is not an offer or solicitation of an offer or advice to buy or sell securities, or to open a brokerage account in any jurisdiction in which Alpaca Securities is not registered or licensed under applicable laws.
Neither Alpaca nor Abyan Capital are affiliated with each other and are not responsible for the obligations of any other party.
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