The Kuwait Capital Markets Authority authorized Boubyan Capital Investment Company to privately market 750,000 shares in Boubyan Islamic Financing and Income Fund 1 (KD) Ltd., a collective investment scheme established in the Cayman Islands. The offering is restricted to professional clients in Kuwait, with shares priced at KWD 100 each. Subscription applications may be received by Boubyan Capital Investment Company and Boubyan Bank. A one-time subscription fee of 2.25% applies to beneficial owners who are not Boubyan employees, while a 1.2751% fee applies to beneficial owners who are employees. The marketing license will run for one year from issuance of the authority’s license certificate after payment of the required fees, which must be paid within one month of the decision or the authorization will be void.
Kuwait Capital Markets Authority2026-08-01
Kuwait Capital Markets Authority licenses private marketing of 750,000 shares in Cayman Islands fund
The Kuwait Capital Markets Authority authorized Boubyan Capital Investment Company to privately market 750,000 shares in a Cayman Islands fund to professional clients in Kuwait at KWD 100 per share. The license will run for one year from issuance of the license certificate, subject to payment of the required fees.