User Steps to Apply for a Transaction and Process Shares of Non-Citizen Shareholders
(Beneficiaries Holding a Passport)
Terms and Regulations
- Selling, gifting, or transferring shares must be to relatives of the beneficiary who are citizen shareholders, with rights granted to first, second, third, and fourth-degree relatives, then to other shareholders in the company.
- The non-citizen shareholder must acknowledge that the indicative price per share is 123 Saudi Riyals, and that this price is not binding on either the seller or the buyer.
- It is the responsibility of the non-citizen shareholder to find the buying shareholder for the shares, without any intervention from the company in this agreement.
- The non-citizen shareholder must follow the regulatory procedures approved by the company (published on its website).
Practical Steps
- If the transaction is a share sale, click the following link, save the file, and complete the forms: Share Sale Transaction Document .
- If the transaction is a transfer or gift of shares, click the following link, save the file, and complete the forms: Share Transfer or Gift Transaction Document.
- After completing the forms and preparing the documents, send them to the trading email tadawul@mashariq.com.sa
*The Shareholders Affairs Department will:
After verifying that all requirements are complete, approve the transaction and the attached documents, and communicate with the shareholders to notify them to visit the company’s headquarters to complete the necessary procedures.
📄 Share Sale Transaction Document
📋 Share Transfer or Gift Transaction Document
