- CMA Licenses Aditum and Tam for Financial Services Operations
The Capital Market Authority (CMA) in the Kingdom of Saudi Arabia has announced the issuance of licenses to A Aditum Capital and Tam Capital to operate in the financial services sector.
License Details Aditum Capital
According to the CMA’s official website, Aditum Capital Company has been granted licenses to carry out investment management and fund operation activities, after meeting all the necessary conditions and requirements to commence operations
License Details Tam Capital
The CMA also stated that Tam Capital has been licensed to engage in investment management, fund operation, and arranging activities in the securities business, following its full compliance with the regulatory requirements.
About Aditum Capital
Founded in 2023, Aditum Capital is a single-shareholder closed joint-stock company headquartered in Saudi Arabia.
It has a paid-up capital of SAR 26.4 million and is licensed by the CMA to provide advisory services in securities exclusively to qualified and institutional clients.
Aditum Capital is a wholly owned subsidiary of Aditum Investment Management Ltd., which is regulated by the Dubai Financial Services Authority (DFSA).
About Tam Capital
Tam Capital is a closed joint-stock company specializing in innovative solutions in asset management, public and private funds, and investment banking services.
Headquartered in Saudi Arabia, the company has a paid-up capital of SAR 25.2 million.
Tam Capital is committed to enabling individuals and businesses to achieve their financial goals through well-designed strategies and a diverse portfolio of Shariah-compliant products.
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