BHM Capital is The First to Obtain Crowdfunding Platform Operator Activity license from SCA

UAE, Dubai, June 6th, 2023:

 

BHM Capital Financial Services PSC one of the leading financial institutions in the UAE’s capital markets, have obtained approval to provide operating services for Crowdfunding Platform from Securities & Commodities Authority making it the first company in UAE to obtain SCA’s approval to provide this service in accordance with Cabinet Decision No. 36 of 2022 on regulating the activities of crowdfunding platform operators.

 

Obtaining this license, enables BHM Capital to offer crowdfunding solution on an electronic platform, to finance entrepreneurs, small and medium sized enterprises where the financing applicants present their project to potential investors through the platform, against share capital, in compliance with the regulations issued by UAE’s Securities & Commodities Authority.

 

The number of small and medium-sized companies in the UAE has exceeded 550,000 company, these companies provide job opportunities for more than 80% of the total workforce in the private sector, and that contributes to more than 63.5% of the non-oil GDP in the UAE. Despite the importance of the role of these projects in the local economy, they sometimes face difficulties in meeting the requirements of traditional banks to obtain financing.

 

Abdel Hadi Al Sadi, CEO of BHM Capital, expressed his gratitude to H.E. Dr. Maryam Al Suwaidi, the CEO of the Securities & Commodities Authority, and its highly professional team, for their continuous support and efforts to increase the global competitiveness and diversification of the national economy sectors while promoting investments in the UAE to local and foreign investors.

 

 

 

Al Sadi added, “The Cabinet’s decision to regulate crowdfunding platform activities solidifies the country’s position as a global financial center with a flexible and supportive environment for entrepreneurship and the small and medium-sized enterprises system, in line with globally recognized legislative frameworks, includes detailed provisions and governance rules that provide appropriate protection for both investors and financing applicants, clarifying their obligations under the

 

supervision of the Securities and Commodities Authority. This will provide a secure means for investors on one hand, and an opportunity for small and medium-sized projects to obtain financing on the other hand.”

 

Concluding, “It’s a significant milestone for BHM Capital to become the first Crowdfunding Platform Operator licensed by SCA in UAE; this reinforces the strategic role the company plays in the national economic diversification and growth, this time by supporting entrepreneurs and SMEs.”

 

End.

 

About BHM Capital Financial Services:

BHM Capital is a leading financial services company listed in the Dubai Financial Market and regulated by the UAE Securities & Commodities Authority providing services to individual and corporate investors. Since its establishment, it has been one of the top-ranked firms in the country’s financial markets and a pioneer in financial technology, making it a regional leader in providing essential tools for corporate and individual clients.

For more information, please visit: www.bhmuae.ae

اشترك للحصول على حساب تجريبي مجاني

اشترك للحصول على وصول كامل إلى منصة التداول الخاصة بنا بمبلغ افتراضي قدره 100,000 دولار أمريكي.

Dear Valued Customers,

BHM Capital Financial Services P.S.C. would like to inform you that certain individuals have been impersonating our employees through unlawful means and engaging in fraudulent activities. These actions include unsolicited phone calls, the presentation of false and misleading investment offers, and the illicit solicitation of funds.

Please be advised that such behavior is in no way affiliated with BHM Capital, and all of our operations are conducted exclusively through our official and authorized communication channels.

We kindly urge all our esteemed customers to exercise the highest level of caution and vigilance. Do not share any personal, financial, or banking information with any individual who contacts you in an unanticipated manner or requests monetary transfers via phone.

Should you receive any suspicious communication from a party claiming to represent BHM Capital Financial Services, we strongly advise you to verify the authenticity of such contact by reaching out to us directly through our official channels:

•⁠ ⁠Phone: +971 4 524 7555
•⁠ ⁠Email: callcenter@bhmuae.ae

We also strongly encourage you to report any suspicious activity to the relevant regulatory authorities in the UAE.

We thank you for your cooperation and understanding.

Sincerely,
BHM Capital Team

السادة العملاء الكرام،

تحيطكم شركة بي اتش ام كابيتال للخدمات المالية – مساهمة خاصة، علمًا بأنه قد تم رصد قيام بعض الأفراد بانتحال صفة موظفينا بطرق غير قانونية، وممارسة أنشطة احتيالية، تشمل إجراء مكالمات هاتفية غير مرغوبة، وتقديم عروض استثمارية كاذبة ومضللة، ومحاولة طلب مبالغ مالية منكم بشكل غير مشروع.

وتؤكد الشركة على أن هذه التصرفات لا تمثلها بأي شكل من الأشكال، وأن جميع تعاملاتها تتم حصريًا عبر قنواتها الرسمية والمعتمدة فقط.

لذا، نهيب بجميع عملائنا الكرام بضرورة توخي أقصى درجات الحيطة والحذر، وعدم مشاركة أي معلومات شخصية أو مالية أو مصرفية مع أي طرف يتصل بكم بشكل غير معتاد أو يطلب منكم تحويل أموال عبر الهاتف.

في حال تلقيكم أي اتصال مشبوه يدّعي صاحبه أنه يمثل شركة بي اتش ام كابيتال للخدمات المالية، يرجى التحقق الفوري من صحة هذا التواصل من خلال الاتصال المباشر بنا عبر قنواتنا الرسمية الموثقة فقط:

•⁠ ⁠الهاتف: 97145247555+
•⁠ ⁠البريد الإلكتروني: callcenter@bhmuae.ae

كما نحثكم على الإبلاغ الفوري عن أي نشاط مشبوه إلى الجهات التنظيمية المختصة في الدولة.

شاكرين لكم حسن تعاونكم وتفهمكم.

وتفضلوا بقبول فائق الاحترام والتقدير،
فريق عمل شركة بي اتش ام كابيتال