Watani Investments Company announced the launch of its comprehensive investment platform "NBK Invest" and the rebranding of "Watani Brokerage" to "NBK Brokerage" or "Al-Watani for Trading."
This initiative aims to unify its investment products and services under the Kuwait National Bank Group's branding and seeks to bridge the gap between clients and new investment opportunities, allowing them to access an integrated investment system that combines a variety of investment services and multiple trading options.
In this context, "NBK Capital" has also launched the "NBK Invest" application to provide a range of investment solutions that meet diverse client needs, including an automated investment advisor service and investment funds. The platform features an easy-to-use interface suitable for both novice investors and experienced professionals.
Through the automated investment advisor service, clients can receive multi-asset global investment plans tailored to their needs and risk tolerance, with the ability to customize these plans to align with their objectives. The service offers both traditional investment options and those compliant with Islamic law.
Additionally, the application provides a diverse portfolio of long-standing investment funds managed by National Investments Company, including seven funds covering asset classes such as equities, bonds, and money markets, allowing investors to diversify their investments flexibly.
This portfolio includes equity funds and bond funds, providing rich diversification in investment, and includes money market funds which offer low-risk, high-liquidity investments available in Kuwaiti Dinars and US Dollars, with both traditional and Sharia-compliant options. Clients can open a fully digital account through the application without the need for any paperwork or branch visits, offering a seamless and easy investment experience.
Regarding "NBK Brokerage," it continues to provide trading services in local, regional, and US markets while offering Sharia-compliant options.
"NBK Brokerage" aims to provide fast money transfers and execution capabilities through its innovative electronic platforms. These platforms feature advanced tools, including real-time pricing and detailed account analysis, allowing users to view their transaction history, generate account statements, and utilize mobile trading features for smooth experience in tracking, buying, and selling investments.
"NBK Brokerage" offers its services through three independent platforms, each specifically designed for certain markets and services:
"NBK Brokerage - Regional" for the Kuwait and GCC markets; "NBK Brokerage - Sharia" for Sharia-compliant investments; and "NBK Brokerage - US" for trading in US markets and global securities.
"NBK Brokerage" operates separately from "NBK Invest," providing a more active and seamless trading experience, enabling clients to have direct control over digital trading through a user-friendly application and website.
Commenting on this significant transition, Fahad Al-Rashid Al-Bader, Deputy CEO of National Investments Company, stated: “In line with our vision of inclusivity and social responsibility, National Investments Company aims to provide sustainable investment solutions for all our clients. The development of the NBK Invest platform is our belief that everyone has the right to access investment opportunities easily.”
Al-Bader explained that the newly developed platform meets a wide range of investment and savings needs, allowing all categories of investors to access comprehensive and distinguished investment services across various asset classes in different global markets.