الإطار القانوني و التنظيمي للتمويل الجماعي Crowdfunding في المملكة المتحدة و فرنسا :

الملخص EN

The Crowdfunding basis in the raising a small amounts of capital from a large number of individuals or organizations to finance a capital risk project, business or a personal loan, and other needs.

It is a financing model with a particular internet platforms targets to develop the citizens’ participation in the management of the public services and devote a more responsible practice.

This paper treats: The definition of crowdfunding (I), the legal and regulatory of crowdfunding in UK (II), the legal and regulatory of crowdfunding in Franc (III), the adaptability of the crowdfunding with the Islamic finance standards (VI), and finally, suggestions for the regulation of the Islamic crowdfunding (towards a regulated Islamic crowdfunding).

The research recommends legislation to regulate the crowdfunding taking into account the specificity of the Islamic finance in order to ensure consumer protection and fair competition.