The Capital Markets Authority issued Decision No. (50) of 2025 on Wednesday regarding a special marketing license for a collective investment scheme established outside the State of Kuwait, granted to Watani Investment Company for marketing shares of the 41st limited Islamic Leasing and Financing Fund.

The National Investment Company is authorized to market 15,000 shares of the 41st limited Islamic Leasing and Financing Fund with private marketing within the State of Kuwait, established in the Cayman Islands, at an offering price of $10 USD per share, in addition to an underwriting commission of up to 2.25% paid once at subscription.

The shares being marketed within the State of Kuwait will be offered exclusively to professional clients, according to provisions in the definitions section of the executive regulations of Law No. 7 of 2010 regarding the establishment of the Capital Markets Authority and the regulation of securities activities and their amendments. The entities receiving subscription requests are the National Investment Company and the National Bank of Kuwait.

The Authority has instructed the relevant authorities to implement the decision and to put it into effect as of the date of its issuance and publication in the official gazette.