The Kuwait Capital Markets Authority issued a decision granting National Investments Company a private marketing licence for the shares of Islamic Leasing and Finance Fund 12 KD Ltd, a Cayman Islands collective investment scheme, for offering inside Kuwait. The licence permits marketing 500,000 shares at an offer price of KWD 100 per share, plus a one-off subscription commission of up to 2.25% of the invested amount. The shares may be offered in Kuwait to professional clients only, as defined in the executive regulations, and subscription requests may be received by National Investments Company and National Bank of Kuwait. The licence runs for one year from the date the Authority issues the licensing certificate after the prescribed fees are paid, with fees due within one month of the decision or the authorisation is treated as void.
Kuwait Capital Markets Authority 2026-02-17
Kuwait Capital Markets Authority licenses National Investments Company to privately market 500,000 shares of Islamic Leasing and Finance Fund 12 KD Ltd
The Kuwait Capital Markets Authority granted National Investments Company a private marketing licence for Islamic Leasing and Finance Fund 12 KD Ltd, a Cayman Islands investment scheme. The licence allows marketing 500,000 shares at KWD 100 each, with a subscription commission up to 2.25%. The offering is limited to professional clients in Kuwait, with subscriptions handled by National Investments Company and National Bank of Kuwait.