In Saudi Arabia, Islamic crowdfunding is defined by halal lending type which has the particularity to involve a group (crowd) of Saudi investors who inject funds to cover the investment needs of Saudi business people who follow the principles of Islamic finance.
In Saudi Arabia, Islamic crowdfunding is the basis of any crowdlending or fundraising in the Saudi kingdom given that sole type of accept finance in this jurisdiction is the one which is sharia compliant.
In Saudi Arabia, Islamic fundraising is not dedicated uniquely to inject money in profitable investments which rely on a business plan, this type of sharia compliant lending serves also sialic social projects and causes which improve the economic and educational situations of Saudi population living in precarity.
In Saudi Arabia, halal crowdlending is existing via Saudi Islamic lending platforms which are attracting Saudi investors who wish to put their money in profitable but covered by the rules of Islamic finance which is also demanded through the Saudi borrowers.
GLOBAL CROWDFUNDER FOR BUSINESS REAL ESTATE AUSTRALIA UNITED KINGDOM CANADA INDONESIA SINGAPORE MALAYSIA JORDAN IRAN EGYPT DUBAI FOR STUDENT SAUDI-ARABIA LIBYA INDIA SAVING ACCOUNT BANK ACCOUNT BANK OVERDRAFT WITHOUT JOB NO PROOF INCOME FOR OVER-INDEBTED FOR RETIRED PERSON ISLAMIC MICROFINANCE WELFARE LOAN PERSONAL LOAN HALAL INVESTMENT LOAN COMPARISON FOR WOMEN ISLAMIC PAYDAY LOAN HALAL MOTORCYCLE LOAN HALAL PAWNBROKING