Invite Friends terms and conditions

Question

Accepted Answer

To comply with clients' expectations,

Inviters whose invitee makes a qualified deposit* before 4/9/2024 will still get free $70-worth SNAP stocks;
Inviters whose invitee makes a qualified deposit on/after 4/9/2024 will get the cash coupon of SAR 200.

* Qualified deposit means the invitee successfully maintains a net deposit (deposit amount − withdrawal amount) of at least SAR 5,000 or USD 1,500 for 14 days.

1. Promotion

Invite Friends, Get Rewards (hereinafter referred to as the Promotion).

2. Promotion Period

The Promotion will commence from 21/8/2024 GMT+3 to 30/11/2024 GMT+3 (hereinafter referred to as the Promotion Period). The period is subject to the displayed date on the promotion page.

3. Eligibility for Promotion Participation

The Promotion is only open to Sahm Capital Financial Company (hereinafter referred to as Sahm Capital) clients.

4. Promotion Rewards

[Rewards for inviter]
- During the promotion period, users (inviters) who invite friends to sign up with Sahm via his invitation link or code will get a cash coupon of SAR 200 for each successful invitee who opens an account and makes an initial deposit of no less than SAR 5,000 or USD 1,500.
- Also, the invited friends (invitees) must maintain a net deposit (deposit amount − withdrawal amount) of at least SAR 5,000 or USD 1,500 within 14 calendar days before the inviter get rewards. (This is an updated promotion rule and it takes effect from 00:00 on March 15th, 2024 Saudi time.)
- There is no upper limit to your rewards. The more you invite, the more you get.
[Rewards for invitee]: During the promotion period, users (invitees) who are invited to sign up with Sahm will get new user rewards. Details see https://www.sahmcapital.com/activitiesr/pre-activity-new?urlType=1

5. How to Get Rewards

Step 1: Click "Invite Now," "Share code," "Share pic." or "Face-to-Face" on the promotion page.
Step 2: You share the invitation link, code, or picture (with the QR code) to your friends.
Step 3: Your friends open your link or scan the QR code to sign up with Sahm. Your invitation code will be automatically filled out when your friends sign up.
Step 4: Your friends open an account and make an initial deposit of no less than SAR 5,000 or USD 1,500. And, they must maintain a net deposit (deposit amount − withdrawal amount) of at least SAR 5,000 or USD 1,500 within 14 calendar days.
Step 5: You will receive cash of SAR 200 in your Sahm account in the form of coupons (click “My Coupons”).

[Special Note]: Invitee's actual deposit results will be displayed on the inviter's invitation history on T+1 day. On T day, the deposit results will uniformly show as "Insufficient Amount" even if the deposit amount is sufficient.

6. How to Use Rewards

To receive the cash coupon of SAR 200, your friends must first deposit a minimum of SAR 5,000 or USD 1,500. Then, your friends must maintain a net deposit (deposit amount − withdrawal amount) of at least SAR 5,000 or USD 1,500 for 14 days.
Go to "My Coupons," find the cash coupon, and click "Redeem," then the cash of SAR 200 will show in your Saudi portfolio within 3 business days. Users should open a Saudi securities account first to receive the cash reward.

7. Reward Expiration

The reward coupon will be valid for 90 days after being credited to the user's account. Please use them promptly, as no rewards will be reissued after expiration.

8. Monthly Leaderboard

The ranking is based on the rewards that inviters have obtained during the ranking period.
The ranking period is subject to the displayed date on the bottom of the Leaderboard.
The ranking data refreshes with a 5-minute delay.

9. Important Notes

This promotion does not constitute an offer, solicitation, advice, opinion, or guarantee of any securities, financial products, or tools.
Sahm Capital reserves the right to change these terms and conditions within the limits of the law, and modify, or terminate any promotion without prior notice.
Sahm Capital reserves the right to revoke or withhold relevant rewards for any actions that violate the rules and involve malicious reward acquisition.
In case of any dispute, Sahm Capital reserves the final decision-making authority.

10. Frequently Asked Questions

(1) What will I get if my invitee deposits SAR 5000 (or USD 1500) before 21/8/2024?

Answer: It depends on the date when your invitee's deposit