finpeel Answers · KSA · updated 2026-08-14

Do I need a licence for debt crowdfunding in Saudi Arabia?

Yes. Debt-based crowdfunding is regulated by SAMA, which has dedicated rules and licensing requirements for debt-based crowdfunding companies.

This answer refers specifically to SAMA’s regulated Debt-Based Crowdfunding category. A debt security offered through a securities-market structure can still require a separate Saudi CMA analysis, so the legal form of the instrument remains decisive.

The instrument’s legal form determines the regulator, so do not classify a crowdfunding platform solely by the word “crowdfunding.”

Regulator: Saudi Central Bank (SAMA)

Primary sources: SAMA — Rules for Debt-Based Crowdfunding

Directional — not legal advice. Verify with the regulator before committing.

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