EthisX offers Shariah compliant funding via equity crowdfunding or P2P financing
Create an Issuer account by signing up and clicking on "Register"
Wait for the Follow Up
Due Diligence Process
Launch the Campaign
Receive Funding after Successful Campaign
1. Only incorporated companies are allowed to apply for funding.
2. The company is NOT concurrently raising funds on other Crowdfunding platforms.
3. The company must submit all necessary documentations requested by EthisX for the KYC (Know-Your-Customer) and Onboarding process.
4. The company must not be: (a) A public joint stock companies; (b) Companies and enterprises with no specific business plans; (c) Non for profit societies or organisations.
5. A company constituted twelve (12) months or more and have the latest audited financial statements from an accredited audit firm by the CMA, may apply for funding at more than OMR 100,000 or the equivalent of USD 260,000.
6. A company constituted less than twelve (12) months shall only be eligible for funding at the maximum amount of OMR 100,000 or the equivalent of USD 260,000, provided they submit the latest audited financial statements from an audit firm accredited by the CMA. Where such statements are unavailable, any financial statements or information approved by the Board of directors of the company must be provided.
7. Disclose via EthisX during the campaign offering period: (a) All information related to it, its management, financial statements, business plan and purpose of participation, targeted amount, proposed offering period and the required percentage of acceptance (if any); (b) Any statements or information requested by the investors (where applicable) or errors or adverse material changes to the issuer i.e Applicant for Funding or its projects; (c) The rewards or any potential investment risks; (d) Exit procedures from any investments (if any).