The Capital Markets Authority has issued Resolution No. (159) of 2025, granting OTC 548 Boubyan Capital Investment Company a private placement license for a collective investment scheme established outside the State of Kuwait. The license permits the marketing of 500,000 shares of the Third Boubyan Ijara and Islamic Finance Fund, denominated in Kuwaiti Dinars, through private placement within Kuwait. The fund is domiciled in the Cayman Islands, and the offering price is set at KD 100 per share, in addition to a one-time subscription fee of 2.25% of the invested amount, payable upon subscription.

The Authority clarified that the marketing process will be restricted to professional clients, as defined in the Executive Regulations of Law No. 7 of 2010. Boubyan Capital Investment Company and Boubyan Bank will be responsible for receiving subscription requests.

According to the resolution, the marketing license is valid for one year from the date the licensing certificate is issued, and the required fees are paid. If the fees are not paid within one month of the decision date, the license will be deemed void.