Abyan Capital, a leading robo-advisory investment platform in Saudi Arabia, today announced the launch of their new self-directed trading service. The service will allow users to trade US equities and open high-yield savings accounts in compliance with Shariah law. Powering this new offering is Alpaca, a global leader of brokerage infrastructure API providing access to options, stocks, ETFs, and fixed income.
Interest in US equities has been growing rapidly among Saudi investors. According to the Capital Markets Authority, transactions reached SAR193.4 billion (USD51.6 billion) in Q2 2025, a 230% year-over-year (YoY) increase. Additionally, the US markets accounted for over 98% of all international trading by Saudi investors, highlighting the importance of providing continued, open access to US-based investment opportunities.
“Through conversations with thousands of users, we identified a significant gap in the Saudi market: no single player was offering Shariah-compliant products, intuitive user experiences, and efficient access to US markets all on one platform. We believe we can be that player and offer all three in a compelling way,” said Saleh Alaqeel, Co-Founder, Abyan Capital.
Powered by Alpaca’s Broker API, Abyan’s self-directed trading platform will offer:
- Shariah-compliant US equities, high-yield cash accounts, and instant funding
- A streamlined onboarding process that removes the need for physical visits and unnecessary paperwork
- Multiple funding options, including card payments, wire transfers, and transfers from existing Abyan portfolios
- Tools to calculate the purification, Zakat, and Shariah compliance of stocks
“Our partnership with Alpaca has been crucial in making it easier for us to launch our Shariah-compliant trading solutions,” said Saleh Alaqeel. “Their reliable technical infrastructure and continuous introduction of new features have been instrumental to our success.”
“We are excited to support Abyan as they bring self-directed trading to their users,” said Yoshi Yokokawa, CEO and Co-Founder of Alpaca. “As Saudi Arabia advances its Vision 2030 agenda to expand financial inclusion, diversify its economy, and empower individuals through innovation, Alpaca is proud to contribute by building infrastructure that enables Shariah-compliant investing. Our mission is to open global financial accessibility, and supporting the Kingdom’s goals is a natural extension of that commitment.”
This launch strengthens the long-standing partnership between Abyan Capital and Alpaca, which began in 2021.
