Book traversal links for Article 4: Prudential Requirements
Article 4: Prudential Requirements
C 7/2020 Effective from 14/11/2020Capital Requirement:
- The minimum capital for a crowdfunding company shall be:
- Category 1: AED 1,000,000; or
- Category 2: AED 300,000.
- Category 1: AED 1,000,000; or
- The crowdfunding company must hold the higher of:
- The capital as stated under Article 4.1; or
- Capital equivalent to 5% of the outstanding lending volume
- The capital as stated under Article 4.1; or