The Capital Markets Authority(CMA) announced the issuance of Decision No. (19) of 2025, granting Watani Investment Company a special marketing license for a collective investment scheme established outside the State of Kuwait, to market 4,000,000 shares (four million shares) of the Ijarah and Financing Fund IX of the Kuwaiti Dinar, marketed privately within the State of Kuwait and established in the Cayman Islands.

The Authority indicated that the offering price has been set at KWD 100 (one hundred Kuwaiti Dinars) per share, in addition to a subscription commission of 2.25% payable once at the time of subscription.

It was decided that the shares to be marketed within the State of Kuwait will be offered only to be qualified professional clients, as defined in the first book (definitions) of the executive regulations of Law No. 7 of 2010 concerning the establishment of the Capital Markets Authority and the regulation of securities activities and its amendments. 

The entities that will receive subscription requests are: Watani Investment Company and the National Bank of Kuwait.
The marketing license is valid for one year, subject to annual renewal, starting from the date of issuance of the Authority's license certificate and upon payment of the required fees, which must be paid within one month from the date of this decision’s issuance. 

In case of failure to pay the fees within the specified period, the decision will be considered null and void.