Funding instrument


We are looking for seed funding and have investors who wish to use a CLN. Our reading is this is not halal. The investor basically wants to invest and then get an option on a future round at a discount. Is there any halal instrument we can use here?



Wa alaykum salaam,

It depends on how much flexibility you have and what you are willing to structure instead of a CLN.

The investor would be open to our suggestions. We own the company and have total control at this stage so there is maximum flexibility.