Financial Solicitation Letter Template for United Arab Emirates

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Key Requirements PROMPT example:

Financial Solicitation Letter

"I need a Financial Solicitation Letter for our UAE-based investment firm to promote our new Sharia-compliant mutual fund to high-net-worth individuals, launching in March 2025, with a minimum investment threshold of AED 1 million."

Document background
The Financial Solicitation Letter is a crucial document in the UAE's financial services sector, used when a licensed financial institution wishes to approach potential clients with financial products or investment opportunities. This document must strictly adhere to UAE federal laws, particularly UAE Federal Law No. 14 of 2018 (UAE Central Bank Law) and relevant SCA regulations. The letter typically includes detailed product information, regulatory disclosures, risk warnings, and when applicable, Sharia compliance certifications. It's particularly important in the UAE market where financial promotions are heavily regulated and must consider both conventional and Islamic finance principles. The document serves as a formal first point of contact and must balance promotional content with regulatory compliance, including appropriate disclaimers and risk warnings as required by UAE authorities.
Suggested Sections

1. Letterhead and Date: Official company letterhead including all required regulatory license numbers and date of issuance

2. Recipient Details: Full name and address of the intended recipient, including any specific designation

3. Subject Line: Clear indication of the purpose of the solicitation

4. Introduction: Brief introduction of the sending organization and its regulatory status in the UAE

5. Product/Service Overview: Clear description of the financial product or service being offered

6. Key Benefits: Main advantages and features of the offering

7. Regulatory Disclosures: Mandatory disclosures required by UAE Central Bank and SCA

8. Risk Warnings: Clear statement of potential risks and limitations

9. Contact Information: Detailed contact information for follow-up queries

10. Closing: Professional closing with authorized signatory details

Optional Sections

1. Sharia Compliance Statement: Required when the product or service is Islamic finance-compliant, including relevant Sharia board approvals

2. Financial Projections: Include when specific return projections or financial forecasts are relevant, must include appropriate disclaimers

3. Eligibility Criteria: When the offering is restricted to certain types of investors or has specific qualification requirements

4. Timeline of Offer: When the solicitation is time-sensitive or has a specific validity period

5. References: When including testimonials or track record information (subject to regulatory restrictions)

6. Language Disclaimer: Required when the document is bilingual or translated, specifying which version prevails

Suggested Schedules

1. Product Terms Sheet: Detailed terms and conditions of the financial product or service

2. Fee Schedule: Comprehensive breakdown of all applicable fees and charges

3. KYC Requirements: List of required documents and information for due diligence

4. Regulatory Licenses: Copies of relevant regulatory licenses and certifications

5. Risk Disclosure Document: Detailed explanation of all potential risks associated with the offering

6. Subscription/Application Form: Standard forms required for proceeding with the offering

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries

Financial Services

Banking

Investment Management

Wealth Management

Private Equity

Insurance

Islamic Finance

Real Estate Investment

Asset Management

Corporate Finance

Fund Management

Relevant Teams

Legal

Compliance

Risk Management

Product Development

Sales

Marketing

Business Development

Investment Management

Wealth Management

Corporate Communications

Islamic Banking

Client Relations

Relevant Roles

Compliance Officer

Legal Counsel

Financial Advisor

Investment Manager

Relationship Manager

Product Manager

Risk Manager

Business Development Manager

Chief Investment Officer

Sales Director

Marketing Manager

Corporate Communications Manager

Wealth Management Advisor

Islamic Finance Specialist

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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