CMA LAW: Announcement regarding issuance of Disciplinary Board Resolution No. (27/2026 Disciplinary Board) (03/2026 Complaint) and imposition of a fine against: Estate Capital Investment Company (formerly Dimah Capital Investment Company), for Violating the Rules of Collective Investment Schemes

Announcement regarding issuance of Disciplinary Board Resolution No. (27/2026 Disciplinary Board) (03/2026 Complaint) and imposition of a fine against: Estate Capital Investment Company (formerly Dimah Capital Investment Company), for Violating the Rules of Collective Investment Schemes.

For the following reasons:
Violation to the duties and obligations of the provisions of Article (77) of Law No. 7 of 2010 Regarding the Establishment of the Capital Markets authority and Regulating Securities Activities and its amendments, and Articles (1-15) and (5-2-1) of Module Thirteen (Collective Investment Schemes) of the Executive Bylaws. The Company marketed an external collective investment scheme prior to issuance of its license by the CMA.

The Resolution included the infliction of the following penalty: -
" Levying a Fine on the complainant Estate Capital Investment Company (formerly Dimah Capital Investment Company) in the amount of KWD 50,000 (fifty thousand Dinars) for the attributed violation.”
 
In this regard, the CMA emphasizes the implementation of CMA Law and its Executive Bylaws on all persons dealing in securities activities, and urges them to comply with these Laws in order to promote investors' confidence, create a sound investment environment, and implement the Law according to the principles of fairness, transparency, and integrity in line with the best international practice.
 

Disclaimer: The information provided on this page is for reference purposes only, visitors are encouraged to review and understand the information provided in the official scanned document attached in the link above (if available). The CMA endeavors to ensure that the information on this page is complete and accurate, but the CMA does not guarantee the quality, accuracy, or completeness of any content at any time. In the event the information on this page is different from the content in the official scanned document attached in the link (if available), the official scanned document attached shall take precedence.