The Capital Markets Authority (CMA) issued Decision No. (149) of 2025, granting KFH Capital Investment Company a private placement marketing license within Kuwait for a collective investment scheme established outside the country, to market units of the KFH Capital Ijara Fund III LP, established in Guernsey.

The decision permits the marketing of only 750 units of the fund within Kuwait. The offer price is to be determined at the time of offering based on the investor’s capital contribution relative to the total capital contributions. Additionally, a 2% subscription fee will be charged on the purchase price of each investment unit.

The decision also caps the total offering value in Kuwait at USD 150 million.

The marketed units will be available only to professional clients in accordance with the Executive Bylaws of Law No. 7 of 2010 regarding the establishment of the Capital Markets Authority and the regulation of securities activities.

The authorized parties to receive subscription applications are KFH Capital Investment Company and Kuwait Finance House.

The license is valid for one year starting from the issuance date of the licensing certificate and payment of the required fees. Fees must be paid within one month of the decision date; otherwise, the decision will be deemed null and void.