Fees
What is the fee that the SDC collects for updating client data and information on the SDC’s database?
(250) Two hundred and fifty fils.
How is the market value of "non-traded securities" calculated?
The market value is calculated based on the last closing price of the security or the agreed upon price whichever is higher. In case where there is no closing price, the market value is calculated based on the nominal value of the security or the agreed upon price whichever is higher.
What is the fee that the SDC collects for the ownership transfers of non-traded bonds?
(0.0001) One per ten thousand of the market value and from each party of the contract with a minimum of (1) one Dinar for each party.
What is the fee that the SDC collects for transferring the Islamic Sukuk for transactions excluded from trading through the Market?
(0.0001) One per ten thousand of the market value of the contract and from one party with a minimum of (250) two hundred and fifty fils.
Is the process of trading in shares subject to income tax?
Yes, and under the law of tax returns, records, documents and profit rates for the year 2015, where the article 21 stipulates the following:
A-For the purposes of calculating income tax on the profits of trading in shares from a natural person, a general partnership company, a limited partnership company, and a non-resident person, a percentage (0.08%) of the value of the sale of shares is approved by both the seller and the buyer for each sale.
What are the fees that the Capital market institutions charge for trading securities?
Trading fees
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Institution | Shares & Investment Units | Bonds | Islamic Sukuk |
JSC | 0.0005 | 0.0005 | 0.0005 |
ASE | 0.0005 | 0.0001 | 0.0001 |
SDC |
What is the fee that the SDC collects for ownership transfers of “non-traded securities” in the Market (with the exception of bonds)?
(0.0014) Fourteen per ten thousand of the market value and from each party of the contract with a minimum of (1) one Dinar for each party.
What are the fees that brokerage firms charge for trading securities in the market?
Security type |
Minimum
|
Maximum
|
Shares
|
0.004
|
0.006
|
Bonds
|
0.0003
|
0.0008
|
Investment Units
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