Verdict up front: Souq Capital Investment (souqcapital.com) advertises “100% Sharia-compliant investing”, “Monthly profits to your wallet” and “AI Investment”. It is listed on the BrokersView (FastBull) scam broker list. The domain was registered on 22 January 2015 — about 11 years 8 months ago.
| Website | souqcapital.com |
|---|---|
| Name used | Souq Capital Investment |
| Promise | “Monthly profits to your wallet” |
| Claim | “A licensed & regulated investment platform trusted by 50,000+ investors” |
| Products | Five “halal investment wallets”, AI investment |
| Listed | BrokersView (FastBull) scam broker list |
| Domain registered | 22 January 2015 — about 11 years 8 months old |
Licensed by nobody named
The site says it is “a licensed & regulated investment platform trusted by 50,000+ investors worldwide”. It never says which regulator or which licence. Faith-based branding does not replace that check.
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Contacted by someone from Souq Capital?
✎ FILE A COMPLAINT ABOUT SOUQ CAPITAL
Or write to support@ettran.com — Include the website, what you paid and any screenshots. Never send passwords or seed phrases.
Monthly profits
Paying “monthly profits to your wallet” describes a fixed return, not trading. Real investments go up and down. Steady payouts from an unlicensed firm are a classic sign of money from new deposits paying earlier ones.
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Using religion to build trust
“100% Sharia-compliant” and “halal wallets” are aimed at Muslim investors. Fraudsters use shared faith to lower people’s guard — regulators in the Gulf and the UK have warned about exactly this.
An old domain, a new story
The domain dates from 2015, but nothing on the site shows a history: no company number, no audited accounts, no regulator. An old address can be bought.
⚠ Verified evidence
- Listed on the BrokersView (FastBull) scam broker list.
- Promises monthly profits to your wallet.
- Claims to be licensed without naming a regulator.
- Domain registered 22 January 2015.
How to check
Search the firm’s exact name and web address on the register of the regulator in your own country, and on IOSCO’s I-SCAN list. A real broker shows a licence number you can look up in under a minute — and the regulator’s own register links back to the broker’s real website.
What to do if you paid Souq Capital
- Stop sending money — no “tax”, “release fee” or “upgrade” will unlock a withdrawal.
- Keep every record: receipts, wallet addresses, emails and chat screenshots.
- Call your bank or card issuer today and ask about a chargeback or recall.
- Report it to the regulator that issued the warning and to your local police.
- Ignore anyone who offers to recover the money for an upfront fee.
The verdict: Souq Capital promises steady monthly profits and names no licence. Do not deposit.
Tell us what happened with Souq Capital
✎ FILE A COMPLAINT ABOUT SOUQ CAPITAL
Or write to support@ettran.com — Include the website, what you paid and any screenshots. Never send passwords or seed phrases.
Sources, checked 5 October 2026: BrokersView (FastBull) scam broker list · RDAP registration record for souqcapital.com · the live page at souqcapital.com, read in full. A regulator warning is not a court ruling. Educational content — not financial advice.
