The Capital Markets Authority (CMA) issued resolution No. (13) of 2023 regarding granting a Private Marketing License of a Collective Investment Scheme Incorporated outside the State of Kuwait to Wafra International Investment Company to Market the Units of the SICO Fund Company IX B.S.C. (Closed) (Formerly known as El-Zaad Sukuk Fund) as a private subscription in the State of Kuwait. The Fund was incorporated in the Kingdom of Bahrain. The offering price shall be USD 100 per unit, in addition to 1% subscription fee paid once upon subscription. The marketed units shall be offered in the State of Kuwait for professional clients only according to the provision included in 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 party receiving the subscription applications is Wafra International Investment Company. The objectives of the Collective Investment Scheme are as listed in the prospectus. The marketing license term is one (1) year renewable annually from the issuance date of CMA’s license, and after paying the prescribed fees. The prescribed fees shall be paid within one month from the date of issuance of this Resolution. In case of default in paying the fees within the specified period, this Resolution shall be considered null and void. The concerned bodies shall execute this Resolution, each within its jurisdiction. This Resolution shall come into force from the date of its issuance, and it shall be published in the Official Gazette.