Dear valued clients,

Greetings,

Referring to the letter from the Securities Commission numbered 3/3/01637/22 dated 30/6/2022, which states that the leverage provided by the foreign broker to clients trading in foreign currencies and precious metals should not exceed one hundred times the cash amount deposited by the client (1:100). Also, in reference to the letter from the Securities Commission numbered 3/3/02752/23 dated 07/09/2023, granting an extension until 30/9/2023 to implement the decision of the Board of Securities Commission dated 25/6/2023, not to exceed the leverage beyond one hundred times the cash amount deposited by the client (1:100) for trading in foreign currencies and precious metals and the obligation to comply with it as of 1/10/2023. We would like to inform you that Al Salam for Financial Investment Company Ltd confirms adherence to these regulations concerning the trading of foreign currencies and precious metals. Therefore, despite what was mentioned in the company’s previous circular, stating that the leverage (1:100) is the maximum for all trading instruments and without assuming any liability for Al Salam for Financial Investment Company Ltd and/or any of its employees and/or representatives and/or affiliates and/or partners any responsibility, the company will revert to the state it was in before 1/10/2023 regarding leverage, making it (1:400) maximum for other trading instruments, excluding foreign currencies and precious metals mentioned in the above-mentioned Securities Commission’s letter. Please note that the Stop Out level is (5%) five percent for all client account types and all trading instruments.

Clients also acknowledge and agree to the company’s policy that trading from Friday at 10:00 PM to Monday at 1:30 AM and/or the days preceding global official holidays should require a margin level of 100%, with the possibility of multiplying margin requirements. The company may gradually close positions, starting with the most losing positions, until it reaches the required margin level.

Failure to object within (24) hours from the date of sending this circular, which includes all policies (Execution Policy, Swap Policy, Dynamic Leverage Policy, and Leverage Acknowledgment) and is attached as copies to this email, and using the approved means of communication with clients or continuing to use the company’s services and platforms, confirms your reading, acceptance, and agreement to comply with it, and serves as a signature on the attached Leverage Acknowledgment.

Note: This circular will take effect after the market closes on Friday, 20/10/2023, so please take all necessary measures to manage your accounts in accordance with the new updates. Please be aware that trading in these markets carries high risks. Please continue to monitor our website for the latest updates and amendments.

We always welcome your inquiries through:

Customer Service: 00962799400077

support@salaminv.com

Or via WhatsApp: 00962779644486

Attachments:

Leverage Acknowledgment

Execution Policy

Swap Policy

Dynamic Leverage Policy