مجلة اقتصاد المال و الأعمال
Volume 9, Numéro 3, Pages 78-89
2025-09-30

The Role Of Al Rajhi Bank's Financial Options In Improving The Performance Of The Saudi Stock Exchange

Authors : Alia Abdelbasset Abdessamad . Kram Soumia .

Abstract

This study aims to analyze the relationship between Al Rajhi's Islamic Bank's financial options and the Saudi Stock Market General Index (TASI), using the ARDL autoregressive analysis model for daily data from October 2024 to March 2025. The most important results of the study are the existence of a short-term, significant, inverse relationship between these options (H60, H65, M60, M70) and the Saudi Stock Market General Index (TASI). It also indicates that the deviation value will be rebalanced by 2.82% if the dependent variable deviates from the equilibrium value in period (t). In addition, in the long-term there is no moral influence from these options on the Saudi financial market.

Keywords

Financial market ; financial options; financial engineering