Is your company ready to list?
Answer plain questions about your board, finances and compliance. See what the Saudi Exchange will look for, what you are missing, and which licensed firms can help you close the gaps.
- Every rule cites the official CMA text
- Free, no sign-up to start
- English and Arabic
Your progress is saved on this device.
The Saudi market in numbers
Companies listed on the Saudi Exchange
Main Market 273 · Nomu 123
As of 27 October 2026 · Source
By industry
Raised in IPOs on the Main Market and Nomu, 2026 so far
3 offerings, from 1 January 2026
Source: SALEH ALRASHED · DBS · MSGA
Raised, by industry
Official figures as of 27 October 2026
What to expect
The number of questions depends on the market you aim for and your sector. The time range runs from a quick read to a careful one.
Main Market
- Most companies
- 60 questions · about 11–20 minutes
- Banks, finance companies, insurers and other regulated sectors (longest path)
- 70 questions · about 13–24 minutes
Nomu
- Most companies
- 44 questions · about 9–16 minutes
- Plus 13 optional good-practice questions that do not change your score.
- Banks, finance companies, insurers and other regulated sectors (longest path)
- 54 questions · about 11–20 minutes
- Plus 13 optional good-practice questions that do not change your score.
- No sign-up to start. Your answers stay in your browser until you open your results; to see them you enter your name, company and email, which are saved with your answers.
- A first step before professional advice.
Three steps, one plan
- 1
Tell us the basics
Market value, free float, years in business. The listing criteria are checked as you type.
- 2
Answer questions in six areas
Yes, in progress, no or not sure. Every question says why it matters and which rule it comes from.
- 3
Get your plan
What to fix now, next and later, with licensed firms that can do the work.
What the assessment covers
Board and governance
How your board, committees and core policies are set up.
Financial reporting and audit
Your audited accounts, finance team and internal controls.
Zakat and tax
Your standing with ZATCA: Zakat, VAT and related filings.
Legal and regulatory
Licences, contracts, disputes and the rules that apply to your sector.
Operations and controls
Risk, IT, data protection and how the business runs day to day.
Investor readiness
Your story, advisers and ability to keep the market informed.
Main Market or Nomu?
The minimums each market sets at listing. The assessment checks yours and suggests the market that fits.
| Criterion | Main Market | Nomu |
|---|---|---|
| Joint stock company | Joint stock company | Joint stock company |
| Expected market value | ≥ SAR 300 million | ≥ SAR 50 million |
| Shares held by the public | ≥ 30% | 20%, or at least 10% worth SAR 50 million or more |
| Public shareholders | ≥ 200 | ≥ 50 |
| Financial years in your main activity | ≥ 3 years | ≥ 1 year |
| Years of audited financial statements | ≥ 3 years | ≥ 1 year |
| Who can buy the shares | Everyone | Qualified investors |
| Lock-up for holders of 5% or more | 6 months | 12 months |
| CMA-licensed financial adviser | Required | Required |
| Legal adviser | Required | Optional |
| Underwriting | Full underwriting required | Not required |
| Results after listing | Quarterly, within 30 business days | Half-yearly, within 45 business days |
Licensed firms, from the official registers
CMA-licensed financial advisers and underwriters, and auditors registered with the CMA. Listed alphabetically, never ranked.
Browse licensed firmsThe listing journey, step by step
From appointing advisers to the first trading day: what happens, who does it, and the periods the rules set.
Read the guide