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Are there additional fees for margin?
There are no additional fees to get margin from Derayah
What available markets for trading using Murabaha margin?
Saudi Market
What is the minimum requirement for Murabaha margin?
The minimum amount to apply for Murabaha margin is 10,000 riyals.
Can I get a margin through Derayah platform?
Absolutely! You can get margin through Derayah platform. However, it is exclusively for trading in the Saudi market.
How to get Murabaha margin?
You can get it by submitting a Murabaha margin request through the Derayah platform.
What happens when the bond/Sukuk matures?
The invested nominal amount and the last coupon payment will deposit in the client’s portfolio.
How can I receive the coupon payment amount of the invested bonds / Sukuk?
The coupon payment amount will be deposited directly into the investment portfolio on the distribution date.
How can I know the value of my fixed income instruments ?
You can view the invested assets and its value through Derayah platform or contact the brokerage department.
What does custodian mean and what is the custody commission?
A custodian is responsible for keeping and safeguarding investments and securities on behalf of the owners. The custody commission is 6 basis points (0.0006) annually deducted on monthly basis for both listed & unlisted bonds /Sukuk.
What is the commission for trading in fixed income instruments?
It is 8.5 basis points (0.00085), with a minimum of 100 Saudi Riyals for Saudi-listed bonds/Sukuk. It is based on the invested amount, with a minimum of 1,000 US dollars for regional and GCC unlisted bonds/Sukuk.
How can I trade in fixed income instruments?
Once the investment amount is available, Derayah clients can trade Saudi-listed bonds/Sukuk through the Derayah platform, smartphone applications, or by contacting the brokerage department.
Who is eligible to trade Sukuk and bonds?
Any investor in the Saudi market with an active portfolio at Derayah Financial and sufficient knowledge of the nature and risks of investing in these instruments can invest in the fixed income instruments market.