The Kuwait Capital Markets Authority has granted Boubyan Capital Investment Company a private marketing license to offer 14,500,000 shares of Boubyan Islamic Financing and Income Fund 2 USD Ltd inside Kuwait. The collective investment scheme is established in the Cayman Islands, and the approved offer price is USD 10 per share. The shares may be marketed only to professional clients as defined in the executive regulations of Law No. 7 of 2010. Subscription applications may be received by Boubyan Capital Investment Company and Boubyan Bank. The offer also includes a one-time subscription commission of 2.25% for beneficial owners who are not Boubyan employees and 1.2751% for beneficial owners who are Boubyan employees. The marketing license will run for one year from the date the authority's license certificate is issued, after payment of the prescribed fees. Those fees must be paid within one month of the decision; otherwise, the decision will be treated as void.
Kuwait Capital Markets Authority2026-06-21
Kuwait Capital Markets Authority grants Boubyan Capital private marketing license for 14.5 million shares in a Cayman fund at USD 10 each
The Kuwait Capital Markets Authority has licensed Boubyan Capital Investment Company to privately market 14.5 million shares of Cayman-domiciled Boubyan Islamic Financing and Income Fund 2 USD Ltd in Kuwait at USD 10 per share. The offer is limited to professional clients, with subscriptions handled by Boubyan Capital and Boubyan Bank. The license lasts one year from issuance of the authority's certificate, subject to payment of fees within one month.