Sahm Capital

Sahm Capital is a Riyadh-based brokerage licensed by the Capital Market Authority. Its Sahm app lets customers trade Saudi and US securities, and it says it has more than 1.5 million registered users.

Industry: Online brokerage and investment services | Location: Riyadh, Saudi Arabia | Founded: 2022

About Sahm Capital

Sahm Capital, formally Sahm Capital Financial Company, is a Saudi investment firm based in Riyadh. It offers online brokerage through the Sahm app, which lets customers trade on the Saudi market and the US market. Its website lists stocks, ETFs, options, warrants, REITs, IPOs and margin trading, with an AI chatbot called Sahm AI.

The company is a closed joint-stock company established on 20 January 2022. Valuable Capital Group Limited is a direct shareholder. Its corporate page names Sze Yin Lee (Ryan) as general manager and chief operating officer, Huma Ejaz as vice president of advisory and asset management, Lina Assaf as head of compliance and anti-money-laundering, and Mahmood Saeed as head of IT. Steven Chou was described as chairman in February 2025, and a June 2026 article names Mohammed Asiri as chief financial officer.

The Capital Market Authority issued licence number 22251-25 on 19 October 2022, covering dealing, custody and advising in securities, and those activities began on 1 October 2023. A further licence for arranging, managing investments and operating funds followed on 8 February 2024, with activities starting on 9 October 2024. The company says its Sharia compliance is certified by Raqaba, which covers Sharia-compliant stocks and Murabaha margin financing. The trading app launched in December 2023.

Sahm Capital increased its capital from SAR 56.25 million to SAR 93.75 million, which the Capital Market Authority approved on 24 October 2023. In February 2025 it was a platinum sponsor of the Capital Market Forum in Riyadh and said its app had passed one million users. On 12 February 2025 a USD 48 million strategic investment in its parent, Valuable Capital Group, led by ewpartners, was signed in a ceremony attended by Chou.

Its website reports more than 3.3 million cumulative active users, over 1.5 million registered users and over 3.8 million downloads. A June 2026 TechScoop article reported more than two million registered users and a team-based rewards campaign, with prizes of more than SAR 13,000 running to 16 June 2026.

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