Investment Academy20 Years

Privacy Policy

How Investment Academy collects, uses, shares and protects your personal data, and the rights you have under the Personal Data Protection Law.

Introduction and Scope

Version 2.0 · Updated September 2026

Investment Academy for Training (the “Academy”) is committed to protecting the privacy of the beneficiaries of its services and to treating their personal data confidentially, in accordance with the Personal Data Protection Law issued by Royal Decree No. (M/19) dated 9/2/1443H, as amended, and its Implementing Regulations (the “Law”), and the related laws of the Kingdom of Saudi Arabia.

This policy sets out the personal data we collect, its sources, the purposes and legal basis of processing, the parties with whom we may share it, retention periods, protection measures, and your rights as a data subject and how to exercise them.

It applies to the website ia.edu.sa, the learning platform, the Academy’s applications and all its training services, and to everyone who deals with the Academy — trainees, instructors, visitors and guarantor entities. It forms an integral part of the registration form terms and the Regulations and Policies published on the website.

Data Controller

The controller of the personal data covered by this policy is:

ItemValue
Legal nameInvestment Academy for Training
Commercial Registration No.1010292058
Unified National Number7001554307
TVTC License No.224127931061
Head officeRiyadh, Northern Ring Road, Exit 8B, Al Shuhada District, Building 2969 — P.O. Box 1983, Postal Code 13241

Official channels

Any enquiry or request concerning personal data protection should be addressed to the channels above, marked “Data Protection” in the subject line.

Definitions

TermMeaning
Personal dataAny data, whatever its source or form, that identifies an individual specifically or makes them identifiable directly or indirectly.
Data subjectThe individual to whom the personal data relates, or their legal representative or guardian.
ProcessingAny operation performed on personal data by any means, including collection, recording, storage, alteration, retrieval, use, disclosure, transfer and destruction.
ControllerThe Academy, as the entity that determines the purpose and manner of processing.
ProcessorAny entity that processes personal data for and on behalf of the Academy, such as technical service providers.
RegulatorTVTC, NELC and any other competent government authority.

Data We Collect

The Academy limits collection to the minimum necessary for the purpose of processing. The categories of data we may collect include:

CategoryExamples
Identity dataFull name, national ID or residence permit number, date of birth, nationality, gender, and a copy of the ID where required by the regulator.
Contact dataMobile number, email, city and address.
Academic dataQualification, program enrolled in, attendance, absence and excuse records, grades and examination results, assignments, certificates, academic requests and evaluations.
Financial dataFees, payments, instalments and invoices, payment method and transaction reference, and guarantor entity data where a financial guarantee exists. Payment card data is not stored by the Academy and is processed by the licensed payment service provider.
Verification and e-signature dataOne-time verification codes, timestamps, IP address and the digital fingerprint of electronically signed documents.
Technical dataIP address, device, browser and operating system type, login and usage logs, and cookies.
Content and recordingsRecordings of virtual classroom lectures (audio, video and chat), contributions, and submitted assignments and projects.
CorrespondenceSupport messages, enquiries and complaints through the official channels, including WhatsApp Business and email.
Registration source dataHow you reached the website, and the referral or marketing campaign code through which you registered.

The Academy does not collect sensitive data, such as health or biometric data, unless you provide it voluntarily for a specific purpose such as substantiating an absence excuse; it is then processed only to the extent necessary for that purpose. The Academy does not use automated face or voice recognition, and visual identity verification or lecture recording does not constitute processing of biometric data.

Sources of Data

  • Directly from you: when you register, complete forms, contact us, or take part in lectures, activities and assessments.
  • Automatically: through your use of the website and platform, via server logs, cookies and similar technologies.
  • From third parties: government identity verification services, your employer or guarantor entity when you register through them, payment service providers to confirm transactions, and regulators to the extent required by law.

Purposes and Legal Basis

We process your personal data for the following purposes, on the legal basis stated for each:

PurposeLegal basis
Creating the account, admission and registration, delivering the training program and managing the trainee journeyPerformance of the contract with you (the registration form and its terms)
Identity verification, electronic signature of forms and requests, and prevention of fraud and impersonationLegal obligation, and the Academy’s legitimate interest in protecting the integrity of training
Uploading trainee data to regulators’ systems, and issuing and authenticating certificates and recordsLegal obligation (Private Training Institutions Regulation and e-learning standards)
Invoicing, collection, tax invoices and refundsPerformance of the contract and legal obligation (commercial and tax laws)
Technical and academic support, and program communications and essential notificationsPerformance of the contract
Recording virtual lectures and making them available to enrolled traineesPerformance of the contract and legitimate interest, with participants notified of recording
Platform security, detection of unauthorized use, and audit logsLegitimate interest and legal obligation
Beneficiary satisfaction measurement, quality assurance, and program and service developmentLegitimate interest and regulator requirements
Marketing messages about programs and offersYour consent, which you may withdraw at any time
Analytics and measurement of website and campaign performanceLegitimate interest in improving the service and measuring campaign effectiveness, with your right to object and to disable non-essential cookies
Responding to judicial and regulatory requestsLegal obligation

Sharing and Disclosure

The Academy does not sell or rent your personal data to anyone. We may share your data, to the extent necessary for the purpose, with the following categories:

PartyPurpose of sharing
RegulatorsTVTC for registering trainees, uploading results and issuing certificates; NELC for e-learning data; and any competent government authority upon a lawful request.
Government identity verification servicesVerifying national ID or residence permit data at registration.
Licensed payment and instalment service providersProcessing electronic payments, instalments and refunds; card data is subject to those providers’ policies.
Virtual classroom platform providerHolding and recording live lectures and issuing personal access links.
Communication service providersSending SMS, email, WhatsApp Business messages and notifications.
Cloud hosting, security and analytics providersOperating, protecting and measuring the website and platform, as processors acting on the Academy’s instructions.
Employer or guarantor entityWhere you register under an employer guarantee or authorization, limited to confirming enrolment, regularity and financial obligations.
Advisers, auditors and judicial authoritiesWhere necessary to meet a legal obligation or to establish or defend a right.

Processors are contractually bound to process data on the Academy’s instructions, to protect it to a standard no lower than that required by the Law, and not to use it for their own purposes.

Transfers outside the Kingdom

Data is stored with hosting providers contracted by the Academy. Some data may be processed by providers outside the Kingdom, including in connection with virtual classrooms, messaging, accounting systems, hosting and analytics. Any such transfer is made only in accordance with the provisions and controls of the Law, its Implementing Regulations and the Regulation on Personal Data Transfer outside the Kingdom, limited to the minimum data necessary, and with appropriate safeguards ensuring a level of protection no lower than that required by law.

Marketing Communications

  • We send marketing messages about programs and offers only with your consent, by email, SMS or WhatsApp Business.
  • You may unsubscribe at any time through the unsubscribe link in the message, by replying to a WhatsApp message, or through the official channels; your request is actioned without delay.
  • Unsubscribing does not affect essential academic and operational notifications about your program, such as lecture and examination dates and payments.

Cookies and Analytics

The website uses cookies and similar technologies for the following purposes:

TypePurposeBasis
EssentialLogin, session continuity, language and theme preference, and website security.Necessary to operate the service; cannot be disabled from the website settings
AnalyticsMeasuring website usage and page performance in aggregate to improve the user experience.Legitimate interest; you can disable them in your browser settings
MarketingMeasuring the effectiveness of advertising campaigns and showing relevant content on advertising platforms.Legitimate interest; you can refuse them in your browser settings or the platforms’ ad settings

Managing cookies

You can manage, delete or refuse cookies through your browser settings. Disabling essential cookies may prevent login or the use of some platform services.

Data Retention

We retain personal data for as long as necessary to fulfil the purpose of collection and as required by law, as follows:

  • Academic records and certificates: retained for the period required by the regulators’ instructions on keeping trainee files, and to evidence qualifications and verify issued certificates.
  • Financial records and invoices: retained for no less than the periods required by commercial and tax laws.
  • Account and contact data: for the duration of the relationship with the Academy, then for the period needed to settle any obligations or claims.
  • Lecture recordings: for the period they are made available to trainees under the program policy, then deleted or archived.
  • Marketing data: until consent is withdrawn or you unsubscribe.
  • Technical and audit logs: for the period necessary for security, audit and incident investigation under the approved information security controls.

At the end of the retention period data is securely destroyed or anonymized so that it can no longer be linked to the data subject.

Data Security

  • Encrypted communication between beneficiaries and the Academy’s systems, and protection of the website and platform against common attacks.
  • Permission-based access controls so that data is accessed only by those whose duties require it, with access and change logging.
  • One-time code verification at login and electronic signature, and session restrictions.
  • Periodic backups, a service recovery plan and continuous system monitoring.
  • Confidentiality obligations on staff and processors, and training on data protection requirements.
  • In the event of an incident affecting personal data, the Saudi Data and Artificial Intelligence Authority and affected data subjects are notified within the periods and in the manner prescribed by the Law and its Implementing Regulations.

Data Subject Rights

The Law guarantees you the following rights, and the Academy undertakes to enable you to exercise them:

RightMeaning
Right to be informedTo know the legal basis and purpose of collecting your data, and that it will not be processed later in a manner inconsistent with that purpose.
Right of accessTo access the personal data we hold about you.
Right to obtain a copyTo obtain a copy of your data in a clear and readable format.
Right to correctionTo request correction, completion or updating of your data.
Right to destructionTo request destruction of your data when it is no longer needed, subject to statutory retention periods.
Right to withdraw consentTo withdraw consent to any processing based on it; withdrawal does not affect the lawfulness of prior processing.
Right to complainTo lodge a complaint with the Saudi Data and Artificial Intelligence Authority (SDAIA) at any time.

How to exercise your rights

  • Submit your request through the official channels, stating the right concerned and providing proof of identity, or through your platform account where you can view your data and update contact details directly.
  • We respond within no more than thirty days of receiving the request; if the request requires additional time due to its complexity or number, you will be informed together with the reasons, provided the additional time does not exceed that permitted by the Implementing Regulations.
  • Exercising these rights is free of charge; the Academy may refuse unreasonably repetitive requests within the limits permitted by the Implementing Regulations.
  • We may refuse or limit a request in the cases permitted by the Law, such as a legal obligation to retain the data, and will explain the reasons to you.

Minors

The Academy’s services are intended for persons aged eighteen and above. In programs where the regulator permits admission of younger persons, guardian consent is required and must be submitted with the registration form, and the guardian exercises the data subject rights on their behalf.

Changes to this Policy

  • We may update this policy when laws or our services change; the version number and last update date are shown at the top of the page.
  • Amendments are published on this page before they take effect, and registered beneficiaries are notified of material amendments by email or platform notification.
  • The Arabic text of this policy prevails in case of any discrepancy with its translation.

Contact and Complaints

For any enquiry, request or complaint concerning this policy or the processing of your personal data, contact us through the official channels:

Official channels

We review and respond to complaints under the Complaints and Grievances Mechanism (IA-POL-08) published in the Regulations and Policies. In all cases you have the right to lodge a complaint with the Saudi Data and Artificial Intelligence Authority (SDAIA) as the competent personal data protection authority, in accordance with its procedures.