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New SNB Capital Fund Eases Investor Access to Nomu Parallel Market
SNB Capital has launched the SNB Capital Saudi Nomu Market Fund, providing retail investors with access to the Nomu parallel market without having to meet the "Qualified Investor" criteria.
Now open for subscription through the SNB Capital digital channels, this open-ended public equity fund is designed for retail investors aiming for substantial long-term capital growth and will strategically invest in a diverse array of equities listed on the Nomu parallel market, allowing investors to benefit from a diversified allocation across stocks and sectors.
The Saudi Nomu market has historically delivered exceptional performance, listing more than 80 new companies over the last three years and delivering a more than 48% Compound Annual Growth rate over 2019-2024 – outperforming the Main Market (TASI) by almost 40% over the same period.
In line with the Kingdom's objectives to advance the financial sector, the Nomu-Parallel Market was initiated to streamline small and medium-sized enterprises' (SMEs) access to the financial markets. This platform offers SMEs reduced listing requirements, preparing them for a seamless transition to the main market as they mature. The Capital Market Authority is actively refining the regulatory frameworks of the parallel market, aiming to boost the number of new listings, enhance market liquidity, and generate lucrative investment opportunities for investors in this burgeoning sector.
Commenting on the fund launch, Khaled Al Braikan, Head of Asset Management at SNB Capital said, “At SNB Capital, we are committed to developing and launching products that enable investors to capitalize on investment opportunities that support the necessary diversity for achieving returns and balancing risks over the long term. With the introduction of the SNB Nomu Equity Fund, our goal is to facilitate investors' access to promising investment opportunities in the Nomu market without the need to fulfill the usual qualification requirements for investment.”
The subscription for the initial offering of the 'SNB Capital Saudi Nomu Equity Fund' is now available through the SNB Capital app, with a minimum subscription starting at SAR 5,000, open to all categories of investors.
Related Video:
SNB Capital Named Best in Saudi Arabia for ECM, Research, and Islamic Structured Finance
SNB Capital has received three Euromoney awards, recognizing its leadership across equity capital markets, research, and Islamic structured finance. The institution was named Saudi Arabia's Best Investment Bank for Equity Capital Markets (ECM) and Saudi Arabia's Best for Research at the Euromoney Awards for Excellence 2026, and Saudi Arabia's Best Islamic Structured Finance House at the Euromoney Islamic Finance Awards 2026.
The Euromoney Awards for Excellence and Islamic Finance Awards are among the global finance industry’s most trusted recognitions, honoring institutions for their leadership, innovation, and client impact.
SNB Capital maintains a leading position in Saudi Arabia’s ECM market, holding more than 50% market share[1] at the end of 2025 and advising on the SAR 7.13 billion (USD 1.9 billion) ACWA Power rights issue, the Kingdom’s largest ECM transaction that year.[2]
That same market leadership carried into Islamic structured finance, where SNB Capital acted as joint lead on Saudi Real Estate Refinance Company's SAR 7.5 billion (USD 2 billion) Regulation S Guaranteed Sukuk in February 2025, one of the Kingdom's landmark Shariah-compliant financing transactions.
Underpinning both, SNB Capital launched its enhanced Research Portal, releasing 1,958 reports that delivered key investor insights and supported greater transparency across the Saudi capital market.
Together, these awards highlight SNB Capital’s contribution to Saudi Arabia’s capital markets, reaffirming its position as the institution of choice for issuers and investors seeking best-in-class execution, analysis, and Shariah-compliant solutions in the Saudi market.
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SNB Capital Announces Successful Financial Close of USD 456 Million Landmark ECA Financing
SNB Capital is pleased to announce the successful financial close of a USD 456 million Export Credit Agency (ECA) financing, with Swiss Export Risk Insurance (SERV) providing cover.
SNB Capital acted as Sole Financial Advisor and Global Coordinator on the transaction, structuring and delivering a complex ECA-backed financing solution that establishes a new source of long-term foreign currency funding.
The financing was supported by a group of leading international financial institutions, comprising Santander CIB, Standard Chartered Bank, and UBS. The financing includes ECA support in connection with the export of equipment and services provided by GE Vernova. Proceeds from the financing support a large-scale power generation project in the Kingdom, aligned with Saudi Arabia’s energy transition strategy.
The transaction represents a number of important milestones for the broader Saudi financing landscape, including the first on-lending structure at this scale across the region, demonstrating the scalability and effectiveness of this financing model.
This milestone underscores the continued evolution of the Saudi financing landscape – broadening access to global liquidity pools and reinforcing the Kingdom’s position as a key destination for structured and ECA-supported financing solutions.
Commenting on the transaction, Maher Roz, Head of Corporate Finance at SNB Capital, said: “This transaction represents a significant milestone, establishing access to on-Lending ECA-backed financing as a new and strategic funding channel. It also highlights the growing role of structured financing solutions in enabling long-term, competitive funding for large-scale infrastructure and energy transition projects in the Kingdom.”
The successful execution of this transaction further demonstrates SNB Capital’s ability to originate and deliver complex structured financing solutions, strengthening its position as a trusted financial advisor on landmark transactions across the region.
