The chart below highlights the core features offered by Funding Souq versus Raqamyah.
Both are shariah-compliant crowdfunding platforms that offer financing solutions to SMEs and healthy returns for investors.
One of the key differences is geography: Raqamyah is restricted to Saudi-based investors and Saudi-based businesses.
Funding Souq offers both a Saudi-based platform and a UAE-based platform that’s also open to global investors.
The other differences are more subtle, but still worth noting. Below we’ve highlighted what you need to know about each platform to make a smart decision.