Regulatory disclosures

Pinnacle Capital is a capital market institution licensed by the Capital Market Authority of the Kingdom of Saudi Arabia.

01Company particulars

Registered nameAlqimma Alawla Company For Investment
القمة الأولى للاستثمار
Brand namePinnacle Capital
CMA licence number12-23262
Licence date20 June 2023 — 02/12/1444H
Commencement — Managing Investments24 April 2024
Commencement — Arranging2 July 2024
Commercial registration7025440855
Licensed activitiesManaging Investments
Arranging
Paid-up capital 13,680,180
Head officeMasharik Tower, 2nd Floor
King Fahad Road, Al Moatamarat District
Riyadh, Saudi Arabia

02Ownership and management

Board of directorsTarek Al Rumaim, Chairman
Muhammad Humayun Latif, CFA
Dr Adel Al Sayed
Biographies →
Direct controllersAbdulwahab Al Betairi
Tarek Al Rumaim
Chief executiveAbdulwahab Al Betairi
Biography →

03Annual financial reports

04Client complaints

How to submitBy email to info@pinnacle.sa, by telephone on +966 11 236 0097, or in writing to Masharik Tower, 2nd Floor, King Fahad Road, Al Moatamarat District, Riyadh.
What to includeYour name and contact details, the account or fund concerned, a description of the complaint, and the outcome you are seeking.
AcknowledgementReceipt is confirmed in writing within five business days, with a reference number.
ResponseA written response is provided within thirty business days of receipt. Complaints are handled by the Compliance function, independently of the business unit concerned, and at no charge to the client.
EscalationIf the matter is not resolved to your satisfaction, you may refer it to the Capital Market Authority through its investor complaints channel at cma.org.sa.
RecordsAll complaints and their outcomes are recorded and retained in line with the Capital Market Institutions Regulations.

05Fraud warning

Pinnacle Capital advises all clients to exercise caution regarding telephone calls, social-media advertisements and instant-messaging communications from parties claiming to represent the company. Pinnacle Capital further warns against dealing with any website, application or party that uses the company's name, commercial-registration details or licence for the purpose of fraud or unlawful dealing. In the interest of all its clients and counterparties, and disclaiming any responsibility for such unauthorised practices, the company confirms that it does not operate through instant trading platforms or applications, or their equivalents.