With the help of Allah the Almighty
We, Salman bin Abdulaziz Al-Saud,
the King of the Kingdom of Saudi Arabia,
based on article 70 of the Basic Law of Governance issued by Royal Order O/90 dated 27 Sha’ban 1412 [1 March 1992],
based on article 20 of the Law of the Council of Ministers issued by Royal Order O/13 dated 3 Rabi Al-Awwal 1414 [20 August 1993],
based on article 18 of the Law of the Shura Council issued by Royal Order O/91 dated 27 Sha’ban 1412 [19 March 1993],
after perusal of Shura Council Decision 316/25 dated 19 Shawwal 1447 [7 April 2026],
and after perusal of Council of Ministers Decision 45 dated 8 Muharram 1448 [23 June 2026],
have decreed as follows
First
The amendment to article 7 of the Capital Market Law issued by Royal Decree D/30 dated 2 Jumada Al-Thani 1424 [31 July 2003], by adding a paragraph designated (b) with the following text: “The appointment of the chairman must be at the rank of minister, and the appointment of the deputy chairman must be at the excellent rank”, and the reordering of the paragraphs of the article accordingly, is hereby approved.
Second
His Royal Highness the Prime Minister, the ministers, and the heads of independent concerned agencies—each within their area of mandate—shall implement this decree of Ours.
Salman bin Abdulaziz Al-Saud
Issued on: 14 Muharram 1448
Corresponding to: 29 June 2026
Published in Umm Al-Qura 5171 issued on 10 July 2026.