CmaBoardReleases
Title: Resolution No. (53) of 2025 Regarding the Renewal of the Collective Investment Scheme License for Boubyan Multi Asset Holding Fund
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 Collective Investment Scheme License Certificate for Boubyan Multi Asset Holding Fund No. (LCIS/2016/0003) issued on 26/04/2022; and
- The application from Boubyan Capital Invesment Company to renew the license of Boubyan Multi Asset Holding Fund; 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 collective investment scheme license for Boubyan Multi Asset Holding Fund is hereby renewed for a period of three years, renewable, starting from 25/04/2025.
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: 02/04/2025.