Crowdfunding for businesses: debt, equity and the limits of each

Debt-based crowdfunding (Saudi Central Bank)

• For businesses registered in Saudi Arabia; consumer finance is not included ^[1].
• The maximum outstanding amount per business is SAR 7,500,000, with exceptions for large enterprises and licensed real estate developers, or with SAMA's no-objection ^[1][2].
• Fundraising periods last up to 60 days, and repayment up to 60 months ^[1].
• The platform assesses the business plan as part of due diligence, displays audited statements for the last two years where available, and the business must submit its statements at least annually ^[1].

There were 14 licensed debt crowdfunding companies as of November 2025 ^[3]. Check that any platform is licensed on the SAMA website before dealing with it.

Equity crowdfunding (Capital Market Authority)

• Through capital market institutions licensed for arranging activities ^[4].
• Maximum of SAR 10 million per issuer over 12 months, SAR 25,000 per individual investor per offering, offering periods of up to 45 days, and at least 80% must be raised ^[5].
• Debt instrument and sukuk financing is now also available under the same licence, with an outstanding limit of SAR 20 million per issuer ^[5][6].

Frequently asked questions