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Foreign Investors can open account at The Group and Qatar Exchange by following the account opening procedure , Domestic investors are required to visit any of The Group branches to open an account .

Requirements for opening an account

A natural person from within the State of Qatar:

  • Shareholder's statement from Qatar Exchange
  • copy of the ID card (in case of having a residence permit in Qatar)
  • copy of the passport (in case there is no residence permit).

After matching the original documents a photocopy of each of them shall be taken

For the legal person from within the State of Qatar:

Shareholder's statement from Qatar Exchange - Commercial Register - ID card of the authorized signatory at the Register and he must come in person – after matching the original documents a photocopy of each shall be taken.

For opening an account under a power of attorney:

Shareholder's statement from Qatar Exchange for the principal customer- ID card of the principal customer - ID card of the authorized agent - the original power of attorney. After matching the original documents a photocopy of each of them shall be taken.

A natural person from outside the State of Qatar:

An authorization letter to The Group for issuing a NIN from Qatar Exchange- a copy of a valid passport- filling The Group's external contract and endorsing it by an authenticating authority- filling Qatar Exchange contract- all these documents should be sent by express mail (DHL) to The Group Address

The Group Securities ,
Head Office , C ring road ,
Po.Box 1555 ,
Doha , Qatar .
Tel: +974 4444 4444 , +974 4448 7666
Attn: Customer Relationships Department

A legal person from outside the State of Qatar:

The Commercial Register – an authenticated copy of the authorized signatories - The statutes and Articles of Association – samples of signatures of the authorized signatories (all documents must be endorsed by any reliable authority subject to the law on combating money laundering and terrorism financing) – The senior management's decision to open the account and the persons authorized to trade on the account – Authorization Letter to The Group for opening a NIN in Qatar Exchange – Filling The Group's external contract, QE contract and endorsing them.

Customers from within the State of Qatar
A customer from within the State of Qatar needs to visit any of The Group's branches to be able to open an account.

Customers from outside the State of Qatar
A customer from outside the country needs to fill the contract, sign on all pages and authenticate the signature by his bank. To view the contract and fill the data click here

If the client desires The Group to open an account for him in Qatar Exchange, a letter of authorization to The Group for doing that must be added and corroborative papers and documents be attached. To view the letter of authorization to The Group and signing it, click here.

Please download the contract, endorse it and send to The Group. To download an application form for opening an account in Qatar Exchange, click here.

Note that the fees for opening a NIN in Qatar Exchange are QR100 which will be included in the customers account and deducted from the first deposit by the customer.

All required documents must be sent to The Group via the express mail (DHL) to The Group address :

The Group Securities ,
Head Office , C ring road ,
Po.Box 1555 ,
Doha , Qatar .
Tel: +974 4444 4444 , +974 4448 7666
Attn: Customer Relationships Department

and The Group in turn opens an account to the customer from outside the country and sends the new NIN to the customer by SMS on his mobile number which is registered and approved in the contract.

Tadawul
4448 7666
CUSTOMER SUPPORT
4448 7888

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