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Title: Resolution No. (74) of 2025 Regarding the Renewal of the Securities Activities License for Warba Bank
Date Publish
24 April 2025
Having Perused:
- Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities, its Executive Bylaws, and amendments thereto, and
- The securities activities license certificate for Warba Bank No. (AP/2019/0004) issued on 22/07/2022, and
- The application of Warba Bank to renew the securities activities license with the CMA, and
- Based on Resolution No. (04) of 2025 regarding the amendment of the approval authorizations for the Supervision Sector's procedures, issued on 12/01/2025.
The Following Was Resolved:
Article (1)
The securities activities license of Warba Bank with the CMA for practicing the following activities:
1. Investment Portfolio Manager
2. Collective Investment Scheme Manager
3. Investment Advisor
4. Subscription Agent
5. Custodian
is hereby renewed for a period of three years, renewable, effective from 22/07/2025.
Article (2)
The concerned bodies shall execute this Resolution, each within its jurisdiction. This Resolution shall come into force from the date of its issuance, and it shall be published in the Official Gazette.
Zeyad Al-Fulaij
Head of Supervision Sector
Issued on: 24/04/2025.
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