Q4 2025

State of Saudi Investing

Latest official numbers from CMA, Tadawul, and SAMA. Authoritative sources, refreshed quarterly.

Source: CMA Quarterly Statistical Bulletin (44th issue)

Public Funds AUM

SAR 220.8B

356 open + closed-end public funds managed by CMA-licensed market institutions.

Open-end Public Funds

330 funds

SAR 188B in assets, up from 320 funds in Q3 2025.

Robo-Advisor Portfolios

534,571 portfolios

SAR 6.4B managed by robo-advisors — Wahed, Tamra, Abyan, Drahim, et al.

Licensed Fintech Companies

165 companies

Includes robo-advisory, crowdfunding, smart savings, and tech-registration platforms.

Fintech Platform Investors

633,100 investors

Total active investor base across Saudi crowdfunding + robo-advisory platforms.

Debt Crowdfunding Deals (Q4 2025)

1,760 deals / SAR 1.3B

Deals funded in Q4 alone across Lendo, Raqamyah, Forus, Tameed, and others.

Total Tadawul Trading (Q4 2025)

SAR 259.2B domestic

Plus SAR 35.8B from foreign investors — reflects market depth and openness.

Licensed Capital Market Institutions

168 institutions

Brokerages, fund managers, custodians, advisors — all CMA-licensed.

Public Funds AUM Growth (SAR M)

Last 4 quarters

Q1 2025
200,500
Q2 2025
210,200
Q3 2025
217,948
Q4 2025
220,817

Open-End Funds Count Growth

Last 4 quarters

Q1 2025
295
Q2 2025
308
Q3 2025
320
Q4 2025
330

What this data tells us

Saudi retail investing is growing fast. Public fund AUM jumped from SAR 200.5B at the start of 2025 to SAR 220.8B by Q4 — 10% growth in a single year.

Fintech is reaching 633,100 retail investors via robo-advisors and crowdfunding platforms — a meaningful share of Saudi adults now use these tools regularly.

Debt crowdfunding platforms alone closed 1,760 deals worth SAR 1.3B in Q4 2025 — meaning new opportunities surface daily for the Saudi retail investor.

All figures sourced directly from CMA Quarterly Statistical Bulletin (44th issue), published on cma.gov.sa.