Saudi Azm's Wasl Platform Wins SAMA Digital Brokerage License

AZM

7211.SA

0.00

On August 9, 2026, Saudi Azm for Communication and Information Technology Co. announced that its subsidiary, Wasl Platform for Communications and Information Technology Company, has received a full license from the Saudi Central Bank (SAMA) to practice digital brokerage activity for financing entities in the Kingdom of Saudi Arabia. The license notification was received on August 6, 2026, following the preliminary approval announced on August 4, 2025. Wasl Platform will commence its licensed activity in compliance with all applicable SAMA laws, regulations, and instructions, and the detailed financial impact on the Company's financial statements will be disclosed once available.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97406&anCat=1&cs=7211&locale=ar

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.

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