Warba receives license for fund

KUWAIT: The Capital Markets Authority has granted Warba Bank a one-year special marketing license to privately market 200,000 shares of the Warba Data Center Development Fund, established in the Cayman Islands. The shares will be offered at US$1,000 each, with a 2% subscription commission for investors and 1% for Warba employees. Subscription requests will be handled exclusively by Warba Bank and are restricted to professional clients in Kuwait.

Categories:

Restricted Access

Subscribe NOW and get:

  • Gain unlimited access through all key operating platforms
  • Full access to all listed Islamic funds & fund profiles
  • Unlimited access to all Islamic fund managers
  • Access to all exclusive articles, reports, podcasts & videos
  • Complimentary access to all IFN Investor Forums
Subscribe Now

Suggested for you