Effective from Dec 01 2021 - Nov 30 2021 To view other versions open the versions tab on the right
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SAMA may take any necessary actions, such as making on-site visits, meeting the Company’s executives and reviewing its regulations, procedures and records, to verify that the Debt-Based Crowdfunding Company has met all SAMA’s requirements.
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Upon the fulfillment of all requirements and completion of all procedures, SAMA will issue a decision granting the applicant a license to engage in Debt-Based Crowdfunding.
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The Debt-Based Crowdfunding Company shall not engage in any other activity that the Company is not authorized to practice, unless SAMA’s approval is obtained for such activity.
