HalalFund began operating in 2017 with a focus on crowdfunding. It has funded over 700 projects across various sectors, totaling more than 15,000 billion rials for businesses. Approved as a crowdfunding platform by Iran Fara Bourse, it operates under the laws of the Islamic Republic of Iran and Fara Bourse regulations.
Funding requirements
Funding requirements
For HalalFund to review a funding request, the company must meet these mandatory requirements:
Must not be subject to Article 141 of the Commercial Code.
Must have annual revenue exceeding 2 billion rials.
Must have no dishonored cheques or overdue bank debts (including the CEO, board members and authorized signatories).
Must have been profitable in the previous financial year.
