CMA LAW: Announcement Regarding Collective Investment Scheme License Granted to Wafra International Investment Company

Based on Resolution No. (74) of 2021 Regarding Granting a Collective Investment Scheme License to Wafra International Investment Company for the Incorporation of Wafra Islamic Gulf Fund pursuant to Law No. (7) of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and its Executive Bylaws and their amendments, issued on 24\06\2021, and in implementation of Article (8) of the aforementioned Resolution, which provides for granting a license to the Fund after completing the minimum capital, for a period of three years from the date of its registration in the  Funds Register at the CMA.

The Capital Markets Authority announces that a license for Wafra Islamic Gulf Fund is issued on 19/01/2022, for a period of three renewable years.

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