SERVICES
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Margin facilities offer our clients higher purchasing power to maximize their returns. You may achieve your financial goals faster with a margin facility and take advantage of these benefits:
Increasing your earnings potential: A larger investment means you could achieve greater gains should your portfolio rise.
Diversify your investments: With access to more capital, you have a wider range of investment choices, giving you a better chance of finding the best-performing stocks.
To view the Shariah compliant Companies in the Saudi Market click here.
Margin Credit /
Over Draft 
Overdraft is a margin facility product that grants the client to overdraw the investment account balance for purchasing shares by funding the customer’s portfolio with an agreed predefined buying power.
The portfolio should be maintained at the required coverage on the granted margin. Commission of this type of facility is charged on a monthly basis where the overdrawn principal amount is only required to be fully repaid in case of expired agreement and not been renewed.
The Overdraft facility is applicable for portfolio that trades in Saudi, US, and Emirates markets.
- Required coverage to be maintained on the Saudi market is 200%.
- Required coverage to be maintained on the U.S markets is 200%.
- Required coverage to be maintained on Emirates markets is 300%.
Murabahah
Financing
Murabahah is a type of sale that is not an interest-bearing loan, which is a Sharia Compliant, where ICAP buys a securities with free and clear title to it and expressly mentions the cost that ICAP has incurred on the securities for sale and resells it to the client as per his/ her prior instructions by adding some profit or mark-up.
Murabaha should be repaid on maturity which is six month of the Murabaha execution date and it includes the loan plus the commission “agreed upon profit” as a lump sum payment.
