Financial Statements
Financial statements serve as a written guide to an entity’s financial position.
The Financial Sector within Vision 2030
The Financial Sector Development Program is one of 13 executive programs launched by the Council of Economic and Development Affairs to achieve the Kingdom’s Vision 2030. Through this Vision, the Kingdom seeks to advance the financial sector, making it a diverse and effective sector to support national economic development and stimulate savings and investment.
Sector
A sector refers to a group of companies operating in the same field or activity. A company’s stock performance is typically measured against the sector’s overall average performance, in order to compare the stock’s performance with similar stocks in the same sector.
Loan
A loan is the provision of money to a beneficiary, with the condition that an equivalent amount is returned. This financial contract aims to facilitate, granting the recipient funds (often cash) for their use, provided they repay the identical amount without any increase, either immediately or after a specified period.
Forex
Term abbreviation: foreign exchange trading (Forex); foreign currency trading.
Spread
The difference between the bid (buy) price and the ask (sell) price.
Exhaustion Gap
This is a price gap that appears at the end of a trend, accompanied by large to medium trading volumes, and is typically filled within two days to a week. In this state, the market is exhausted and cannot sustain its upward movement despite strong optimism during an uptrend, or its downward movement despite strong […]
Gaps
A gap is a price area on the chart where no trading has occurred. An upward price gap occurs when the lowest price of today’s session is higher than the highest price achieved in the previous session. A downward price gap occurs when the highest price of today’s session is lower than the lowest price […]
Fatwas
Jurisprudential opinions issued by the Sharia Supervisory Board regarding Sharia matters in accordance with appropriate methodology
Takaful Underwriting Surplus or Deficit
Unregistered securities not traded on an official stock exchange, with transactions conducted via phone or electronic communication networks directly connecting stock and bond traders, bypassing the exchange.