Effective from Dec 01 2021 - Nov 30 2021 To view other versions open the versions tab on the right
1-
Subject to the provisions of the Companies Law, the minimum capital for the Debt-Based Crowdfunding Company shall be SAR 5,000,000 (five million Saudi riyals).
2-
Taking into consideration the associated risks and their nature, SAMA may increase or decrease the minimum capital based on the prevailing market conditions or if it deems that the Debt-Based Crowdfunding Company’s proposed business model or the nature of its activity requires so.