Safa Global Capital

Regulatory framework

Structured for global compliance.

A three-pillar architecture where each pillar sits in the right home for its function: a constitutional Foundation being established in Qatar (QFC) for independent oversight, Safa Global Capital in Malta as issuer of STAC and MiFID II distributor, and Safa Global Ventures being established as a Mexican company to hold and grow the Excellence Fund.

Architecture

Three pillars. Three jurisdictions.

01 · INDEPENDENT OVERSIGHT

Safa Global Foundation

Qatar (QFC) · Constitutional steward, in formation

Being established in the Qatar Financial Centre (QFC) as the independent oversight body, with Reserved Matter consent rights over the operating pillars and a non-economic Class F veto. Houses the binding Shariah Advisory Board.

02 · ISSUER AND DISTRIBUTOR

Safa Global Capital

Malta · EU MiFID II distribution + EU Prospectus Regulation

Malta-domiciled, under the Malta Financial Services Authority (MFSA) framework, as the issuer of STAC, a MiFID II distributor placing instruments to eligible investors, and the originator of the Safa Global Sukuk Programme. SGC issues and maintains the registry of STAC under the Foundation’s Class F veto; STAC is a financial instrument and sits outside MiCA (not a crypto-asset, not an Asset-Referenced Token). STAC is intended to reach retail investors via an EU Prospectus under Regulation (EU) 2017/1129. SGC holds the single group reserve. SGC is not an AIFM.

03 · VENTURE ENGINE

Safa Global Ventures

Mexico · Mexican company (S.A.P.I.), in formation

Being established as a Mexican company (S.A.P.I.) to hold and grow the operating portfolio, the Excellence Fund: 13 operating companies across 8 verticals. SGV is the venture engine of the group.

Operating principles

How we approach distribution.

Private placement only

Future offerings will be conducted as private placements, limited to qualified, professional, or accredited investors in jurisdictions where such offerings are lawful. No retail public offering.

Substance over form

STAC is structured as a transferable security under MiFID II, not a stablecoin, not a utility token, not an unregulated cryptoasset. Sukuk-style asset-backing is the load-bearing structural property.

Jurisdiction-respecting distribution

Each lender / subscriber participates under their own home-jurisdiction private-placement exemption. Reverse-solicitation acknowledgements where applicable. No general solicitation to the public.

Layered AML

KYC, source of funds, source of wealth, sanctions screening, and politically-exposed-person checks at admission. Ongoing monitoring per FATF guidance.

Standards reference

Aligned to recognized international frameworks.

EU MiFID II
Markets in Financial Instruments Directive, securities classification and offering framework
EU Prospectus Regulation 2017/1129
Article 1(4) private-placement exemptions: qualified investors, <150 retail per Member State, €100k denomination floor, and the Maltese €8M domestic small-offer ceiling
AAOIFI Standard 17
Investment Sukuk, structure, issuance, and asset backing requirements
AAOIFI Standard 23
Wakalah investment, agency-based profit-sharing framework
5AMLD / 6AMLD
EU anti-money-laundering directives, KYC, source of funds, transaction monitoring
ESMA Guidelines (March 2025)
Crypto-assets as financial instruments, qualifies asset-backed transferable certificates as MiFID II securities

Read the offering documents when they're ready.

Full regulatory and offering documentation will be made available to admitted Founders Society members and qualified investors as entity formation completes.

Apply to Safa Global Society