The Capital Markets Authority (CMA) has issued Resolution No. (154) of 2025 granting OTC 320 Watani Investment Company (NBK Capital) a license to privately market 18,000,000 shares of the Ijara & Finance Fund XLIV Limited, established in the Cayman Islands.

The offering price is USD 10 per share, with a one-time subscription fee of 2.25% of the amount invested.

The resolution clarified that the offer is limited to professional clients as defined under the Executive Bylaws of Law No. 7 of 2010 and its amendments. NBK Capital and National Bank of Kuwait (NBK) will be responsible for receiving subscription applications.

According to the resolution, the marketing license is valid for one year from the date of issuance of the license certificate and payment of the applicable fees. These fees must be paid within one month of the decision date; otherwise, the license will be deemed null and void.