Regulatory Alerts2026-01-15
Added · Updated
Instructions for Regulating Lending-Based Crowdfunding Activity No. (8/2026)
These instructions regulate lending-based crowdfunding activity in the Kingdom, requiring companies to obtain a license from the Central Bank of Jordan and adhere to specific operational, technical, and governance standards. Key provisions include mandatory client due diligence, detailed loan data reports, and a maximum 60-day offer period for projects. The instructions also set lending limits, capping cumulative participation at 15% of annual net income for natural persons and 30% of net assets for legal persons, with individual loan participation between 5% and 25% of the total loan value. Furthermore, companies must protect client funds by maintaining separate bank accounts, prohibiting the use of these funds for company credit or earning interest.