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Tanaqul
Platform for safekeeping and trading of physical precious metals bars in insured vaults
Ease of access and use
Citizens and residents of Saudi Arabia can register for free by verifying their identity through Nafath, and access every feature of the platform.
Countries covered
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Saudi Arabia
Features
Tracking your bars
View and track your bars kept in the vault, where you can see:
- Each bar’s serial number, weight and purity.
- The manufacturer.
- The average cost per metal.
- The current value.
- The unrealised gain or loss.
- The certificate of ownership.
Managing your bars
Manage your bars flexibly and efficiently by:
- Buying bars at live prices.
- Offering bars for sale.
- Granting bars.
- Booking an appointment to collect a bar from the vault.
Custody record and alerts centre
Tanaqul lets you see every movement of your bars through:
- Tanaqul’s public explorer of every custody movement.
- Instant alerts when you buy or sell.
- Security alerts that protect your account.
- Monthly statements.
Users
Bars in the vault
Bars traded today
SARTrading value today
Integration and Empowerment
Frequently asked questions
Tanaqul is a registered trademark of a platform for buying, selling and safekeeping physical gold, silver and platinum bars. It is wholly owned and operated by Exit Finance, CR 1010843884, registered with the Ministry of Commerce, located on Prince Mohammed bin Salman Road, Qurtubah District, Riyadh.
Because you own a real bar registered in your name in a vault inside Saudi Arabia — you know its serial number, weight and purity — and you can sell it or buy others at live prices linked to the global price, and collect it in person whenever you like. Every movement of the bars is recorded on the Tanaqul Explorer, open to everyone.
You must be 18 or older and have a mobile number. You verify your identity through Nafath, then complete the customer information form and accept the terms. To transfer your money to your bank, you need a bank account (IBAN) in your name.
Registration is currently open to citizens and residents of Saudi Arabia aged 18 and over, and will open to the GCC countries and the rest of the world later.
No, registration is free. A commission applies to buying and selling, and a storage fee applies to bars kept in the vault — all listed in the fee schedule published on the platform.
Your bars are kept in vaults inside Saudi Arabia and registered in your name. Every user’s identity is verified through Nafath, you can turn on two-step verification, you receive instant alerts for any important change to your account, and every movement of the bars is recorded on the Tanaqul Explorer.
Yes. Book an appointment on the platform and collect your bar in person from the vault once your identity is verified.
Tanaqul on smart devices
An interactive platform that lets users track, buy and sell their bars, follow prices in real time and book collection appointments at the vault — on phones and tablets.
