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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

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The Saudi market in numbers

Companies listed on the Saudi Exchange

396

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

522.5SAR million

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. 1

    Tell us the basics

    Market value, free float, years in business. The listing criteria are checked as you type.

  2. 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. 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.

CriterionMain MarketNomu
Joint stock companyJoint stock companyJoint 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 sharesEveryoneQualified investors
Lock-up for holders of 5% or more6 months12 months
CMA-licensed financial adviserRequiredRequired
Legal adviserRequiredOptional
UnderwritingFull underwriting requiredNot required
Results after listingQuarterly, within 30 business daysHalf-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 firms

The 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

Saudi IPO guides