amana Introduces Zero-Fee Stock Trading in MENA

amana​, a leading online neo-broker in the MENA region, has rolled out ommission-free, zero-fee pricing on MENA stock trades, underlining the firm's commitment to reducing barriers to the financial system in the region.

Reportedly, in addition to local stocks, customers can also enjoy commission-free trading on all asset classes, including US stocks, indices, commodities, gold, currencies, crypto, etc.

The broker’s new pricing strategy, following its earlier initiative to deliver fractional MENA shares, is aimed at further enhancing inclusivity.

"Our initiative will provide more investors and traders across MENA access to local equity markets - in a cost-effective, fractionalized method, for everyone. We believe the MENA opportunity is big, and everyone should be able to participate in that growth opportunity," said Muhammad Rasoul, CEO of amana.

"This move exemplifies amana's core values. As a locally built broker, our mission extends beyond being a part of this emerging region's growth; it's about ensuring that as many people as possible can share in the economic potential of this once-in-a-generation regional transformation."