Yaqeen Valuation co ltd

Kingdom Vision 2030

Saudi Arabia: The Depth of the Arab and Islamic World, A Leading Investment Power, and a Hub Connecting Three Continents.
God has endowed the Kingdom of Saudi Arabia with numerous geographical, cultural, social, demographic, and economic advantages, enabling it to achieve a prominent position among the leading countries globally and to build a better future for the nation. The Vision of the Kingdom of Saudi Arabia is based on three pillars representing unique competitive advantages.
Saudi Arabia’s position will enable it to play a leading role in the heart of the Arab and Islamic world. At the same time, the Kingdom will utilize its investment power to build a diverse and sustainable economy. Furthermore, the Kingdom will capitalize on its strategic location, which connects the three continents: Africa, Asia, and Europe.
Our vision is based on three pillars: a vibrant society, a thriving economy, and an ambitious nation. These pillars integrate and align with each other to achieve the Kingdom’s goals.

Yaqeen Valuation co ltd

Yaqeen Valuation co ltd is a Saudi professional company with commercial registration No. 1010743667 that provides private asset evaluation services for machinery and equipment and is licensed by the Saudi Authority for Accredited Valuers, license No. 4314000023.
Our team has long experience and is committed to the Code of Ethics and Conduct of the Evaluation Profession, which obliges the evaluator to be clear, honesty, integrity, independent, competent and professional.

Saudi Authority for Accredited Residents

The regulatory authority for the valuation profession in the Kingdom of Saudi Arabia works on establishing systems and regulations that enable valuers to perform their tasks according to international valuation standards. We also offer qualification programs to accredit practitioners of this profession based on scientific principles and approved practices, believing in the contribution of the valuation profession to safeguarding rights, achieving justice among beneficiaries, enhancing trust and transparency in the market, and creating an attractive investment environment in line with Vision 2030.

The American Society of Appraisers ASA

On Monday, October 8, 2018, the Saudi Authority for Accredited Valuers (TAQEEM) signed an agreement with the American Society of Appraisers (ASA) in the field of mutual accreditation for machinery and equipment appraisal between the members of the Authority and the members of the Society. The agreement covers the accreditation of the training program provided by the Authority in this branch and the equivalence of training courses and experience hours for mutual accreditation between the two organizations. It also includes the exchange of expertise, knowledge transfer, and participation in holding professional workshops and conferences both locally and internationally.

international valuation standards council

The International Valuation Standards Council (IVSC) is a private sector organization characterized by independence and a non-profit goal. It was established in the United States and is headquartered in London. The IVSC develops and promotes technical and ethical standards for conducting valuations relied upon by investors, facilitates cooperation and coordination among its member organizations, and collaborates with other international organizations. Its aim is to serve as the global voice for the valuation profession.

How do we work

Evaluation stages

Agreeing with the client and determining the assets and work volume

Phase One

After determining the purpose, a contract is signed to provide evaluation services

Collect data and information related to assets

Phase Two

It is obtained from the customer and the market

Preview Site

Phase Three

Ensure the existence of assets, match them to the statements, and collect additional, complementary information

Data and information analysis

Phase Four

Where all data is analyzed for accounting and market assets and what was observed in reality

Choosing a methodology

Phase Five

Through which the appropriate method of evaluation is chosen (market cost income)

Making accounts

Phase Six

After taking into account all cases of depreciation and deterioration, the value of each asset and the total value are extracted

the final report

Phase Seven

Providing a report to the client containing all requirements consistent with international evaluation standards

Kingdom Vision 2030