MAE-2.11.17
Past version: Effective from 01 Oct 2017 to 30 Sep 2018
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The following limits shall apply to an
(a) Equity crowdfunding issuer , excluding entities engaged in real estate projects , can raise up to BD 250,000 or equivalent amount in other currency within a 12-month period, irrespective of the number of projects an equity crowdfunding issuer may seek funding for during the 12-month period; and
(b) Equity crowdfunding issuer who qualify as entity engaged in real estate projects can raise up to BD 500,000 or equivalent amount in other currency within a 12-month period, irrespective of the number of projects an equity crowdfunding issuer may seek funding for during the 12-month period.
Added: October 2017