Warning Regarding Unlicensed Investment Companies and Promises of High Returns Issued by the Palestinian Capital Market Authority

SadaNews - The Palestinian Capital Market Authority urges and warns the general Palestinian public to exercise utmost caution before investing their money and to completely refrain from dealing with unlicensed companies and platforms that promote quick and guaranteed profits through holding investment shares or participating in projects (whether agricultural, industrial, real estate, investment, commercial, or educational).

The Authority also draws the public's attention to the need for extreme caution regarding any investment offers that include unrealistic indicators such as promises of extraordinary and unrealistic profits. The Authority confirms that engaging in any activities related to offering securities or shares, collecting funds from the public for the purpose of collective investment, or managing investments is subject to obtaining prior licenses from either the Capital Market Authority or relevant authorities.

The Palestinian Capital Market Authority trusts and bets on the awareness of the Palestinian public not to be swayed by attractive paid advertisements, and the necessity to verify the legal status of any company offering collective investment opportunities. The Authority notes that efforts are ongoing to organize integrated work with regulatory, organizational, and security bodies to limit potential risks that may harm the interests of the Palestinian public funds.