All persons who register as an 'investor' on this Website should carefully read the following warnings before making any investment.
All investment products carry risks. The relevant webpages and documents will cover risks specific to an individual offer. Please bear in mind the following general risks involved when investing through this Website:
YOUR PERSONAL DECISION TO INVEST
A decision to invest in a company is a personal decision by you and no responsibility for the consequences of that decision is accepted by Maydan Capital Ltd trading as WahedX (further referred to in this document as “WahedX”) or by any of its partners, directors, agents, employees, or other members. To invest through this Website you need to understand the following important risks:
YOU ARE NOT COVERED BY THE FINANCIAL SERVICES COMPENSATION SCHEME
When your capital is invested it is not covered by the Financial Services Compensation Scheme. Before it is invested or once the proceeds of investments are returned, your money will be held by the money recipient in a client account and subject to separate protections applicable to credit institutions and banks.
LOSS OF INVESTMENT
Investments, whether in new or existing businesses, carry high risks as well as the possibility of high rewards. Accordingly, each investor should consider very carefully whether such investments are suitable in the light of their own personal circumstances, commitments and available financial resources. Engaging in any investment activity may expose you to a significant risk of losing all of your investment. If a company fails, it is likely that you may lose all, or part, of your initial investment and receive no outstanding or future interest payments. In such circumstances neither the company nor WahedX will pay you back your investment.
Most of the companies which are listed are new companies with limited if any track record. These companies will provide information such as their business plan and financial forecasts. Please be warned that these documents are not guarantees that the relevant company can achieve what it is hoping to do. Equally the information provided may state certain facts and statements, and again please be warned that WahedX are not responsible for checking the accuracy of these facts and statements, which may not always prove to be true or complete.
As an investor you should be aware that no established market exists for the trading of bonds or equity in private companies, and as such are not easily realisable. It must be appreciated that there could be difficulty in selling such investments at a reasonable price and, in some circumstances, it may be difficult to sell them at any price.
DIVERSIFY YOUR PORTFOLIO
Diversification by spreading your money across different types of investments should reduce your overall risk of financial loss. We highly recommend investors do this to maintain a balanced portfolio. Investors should also consider avoiding putting their money in the same investment as immediate family members. Investors should only invest a proportion of their available investment funds due to the high risks involved.
WahedX recommend that you seek independent tax advice on any investments which you make via this Website. It is your responsibility to make sure that you have paid any and all taxes due in relation to any investment that you make through WahedX.
WahedX do not provide advice or make personal recommendations. If you are in any doubt about the action you should take or the contents of a particular Offer Document, you should seek advice from an independent financial advisor authorised under the Financial Services and Markets Act 2000.
Past performance is not a reliable indicator of future performance. You should not rely on any past performance as a guarantee of future investment performance.
RISKS RELATED TO INVESTMENTS IN FOREIGN ISSUERS
If securities are offered by an Issuer in a foreign jurisdiction, or the security is structured through a foreign special-purpose-vehicle, or you purchase securities that are issued by foreign Issuers, your investment and continued holding of securities may be subject to the laws and regulations of that jurisdiction. The investment or you yourself may be subject to additional tax liabilities, transaction costs or capital controls under the foreign laws. Any claims or action may need to be raised before foreign courts or authorities. You should be aware that overseas markets may be subject to rules which may offer different or diminished investor protection as compared to the United Kingdom or any other jurisdiction in which you reside or are domiciled.
Before making an investment in securities offered by a foreign Issuer, you should be fully aware of the types of redress available to you in the United Kingdom or other home nation and the jurisdiction of the foreign Issuer, as any claims or action may need to be raised before foreign courts or authorities and even if any judgments are obtained, there may be difficulties in attempting to enforce these in the United Kingdom or the other state in which you reside.
You should remain mindful that in some countries, legal concepts which are practiced in mature legal systems may not be in place or may have yet to be tested in courts. This would make it more difficult to predict with a degree of certainty the outcome of judicial proceedings or even the quantum of damages which may be awarded following a successful claim.