The Capital Markets Authority (CMA) issued resolution No. (187) of 2022 granting a Private Marketing License of a Collective Investment Scheme Incorporated outside the State of Kuwait to Boubyan Capital Investment Company to Market the Units of Boubyan Islamic Leasing and Finance Fund V (USD) LTD as follows: The Company is licensed to market 14 million shares of Boubyan Islamic Leasing and Finance Fund V (USD) LTD as a private subscription in the State of Kuwait. It is incorporated in the Cayman Islands. The offering price shall be USD 10 (for each share participating without the voting right, in addition to a 2.25% subscription fee paid once upon subscription. The marketed units shall be offered only for professional clients in the State of Kuwait according to the provisions of Module One (Glossary) of the Executive Bylaws of Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and their amendments. The parties receiving the subscription applications are as follows:- Boubyan Capital Investment Company and Boubyan Bank. The resolution also indicated that the objectives of the Collective Investment Scheme are as mentioned in the prospectus and that the marketing license term is one year renewable annually from the issuance date of CMA’s license, and after paying the prescribed fees. It also indicated that the prescribed fees shall be paid within one month from the date of issuance of the resolution and that in case of default, the resolution shall be considered null and void. The concerned bodies shall execute the resolution, each within its jurisdiction, that it shall come into force from the date of its issuance, and it shall be published in the Official Gazette. It is worth noting that this resolution was issued pursuant to Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and its Executive Bylaws, and their amendments, the Memorandum and Articles of Association of Boubyan Capital Investment Company, and the agreement between the representative of the collective investment scheme which is WCP Investments LP and the marketing manager Boubyan Capital Investment Company; and Based on the application submitted by Boubyan Capital Investment Company to conduct a private marketing of Boubyan Islamic Leasing and Finance Fund V (USD) LTD, as well as Resolution No. (141) of 2022 regarding amending the approval authorizations of the Supervision Sector’s procedures issued on 04 September 2022.