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Article 4: Prudential Requirements

C 7/2020 Effective from 14/11/2020

Capital Requirement:

  1. The minimum capital for a crowdfunding company shall be:
     
    1. Category 1: AED 1,000,000; or
       
    2. Category 2: AED 300,000.
       
  2. The crowdfunding company must hold the higher of:
     
    1. The capital as stated under Article 4.1; or
       
    2. Capital equivalent to 5% of the outstanding lending volume