<p><strong>科威特城</strong>：科威特證券交易所歡迎資本市場管理局（CMA）批准其提議的規則修訂，併發布了 2026 年第 38 號決議，建立了債券和伊斯蘭債券的全面監管和立法框架。這一舉措還包括對 2010 年第 7 號法律的執行細則的修訂。</p>
<p>科威特證券交易所還發布了 2026 年第 1 號決議，修訂其規則手冊，以納入針對債券和伊斯蘭債券的具體條款。這些措施共同代表了對科威特資本市場的重要補充，並構成了朝着發展其投資環境和多樣化其工具的關鍵一步，符合國際最佳實踐。</p>
<p>“我們很高興地宣佈這一階段的全面運營和技術準備工作已完成，科威特證券交易所和資本市場機構進行的系統測試已取得成功結果，確認交易基礎設施已準備就緒，” 科威特證券交易所首席執行官穆罕默德·薩烏德·阿爾 - 奧賽米（Mr. Mohammad Saud Al-Osaimi）表示。</p>
<p>“科威特證券交易所現在已完全準備好接收上市申請，並運營債券和伊斯蘭債券交易平台，待滿足適用的監管要求後，相關工具將被上市，” 他補充道。</p>
<p>阿爾 - 奧賽米還指出，投資者對科威特資本市場的信心是交易所承諾維護的信任，並補充道：“這一階段的不同之處在於，在該地區面臨特殊地緣政治挑戰的時刻，引入了新的投資工具。這反映了投資者對科威特國家經濟及其資本市場的深厚信心，強調了該機構在這些條件下持續發展的承諾。”</p>
<p>“我們還希望向所有市場參與者保證，交易系統正在全力高效運作，科威特證券交易所以強大的運營基礎設施而聞名，為投資者提供管理其投資組合所需的工具和環境，” 他説。</p>
<p>涵蓋平台全週期的綜合立法框架</p>
<p>第 <strong>38</strong> 號決議建立了一個全面的監管框架，涵蓋科威特資本市場中債券和伊斯蘭債券的整個生命週期，從上市和日常交易到提前贖回或到期。</p>
<p>新框架管理國內和外國發行的上市，規定了發行人和債務人在上市期間的持續義務，並清晰定義了退市和撤回的程序，包括與這些工具在市場指數中排除相關的處理機制。</p>
<p>科威特證券交易所還完成了一整套綜合的運營和技術措施，包括引入一個專門的債券和伊斯蘭債券交易板，與股票分開。交易時段和價格限制的結構反映了這些工具的獨特性質，與傳統股票交易機制不同。</p>
<p>此外，市場框架建立了明確的持續披露要求，概述了發行人在披露財務報表和重大進展時的義務，以及規定了談判交易的條款和引入考慮到這些工具獨特特徵的定製運營規則。</p>
<p><strong>明確的願景與戰略目標</strong></p>
<p>決議中包含的全面監管修訂與五個明確的戰略目標相一致，反映了科威特資本市場發展的長期方向。這些目標包括將科威特資本市場的監管框架與全球資本市場認可的標準對齊，建立明確和結構化的上市和交易方法，為所有利益相關者提供法律確定性，以及通過引入新類別的可交易工具來增強市場流動性。</p>
<p>這些修訂還旨在以服務投資者利益和增強其信心的方式加強披露標準和透明度，同時支持科威特市場投資工具的更大多樣化，減少對股票作為主要投資工具的依賴。</p>
<p><strong>發行人的真正機會</strong></p>
<p>科威特和外國公司首次可以通過在科威特證券交易所發行上市債券或伊斯蘭債券來為其運營和項目融資，享受明確且可行的融資優勢。這些工具使發行人能夠以與傳統銀行借貸相比更具競爭力的成本獲得資金，並接觸到更廣泛和多樣化的投資者基礎，超越傳統貸款人。</p>
<p>新的監管框架還要求尋求上市的公司滿足一系列旨在保護投資者利益的條件。這些條件包括獲得認可評級機構的信用評級，遵守不低於 KD <strong>100,000</strong> 或其等值外幣的最低發行價值，確保無限制的自由交易，並建立一個代表債券或伊斯蘭債券持有人的機構以保護其利益。此外，伊斯蘭債券的發行必須遵循伊斯蘭教法的原則和規則。</p>
<p><strong>新的投資機會</strong></p>
<p>這一平台的意義延伸至科威特資本市場的投資者，提供了在此監管和透明度水平下之前未曾提供的新投資機會。作為交易所上市和可交易的工具，債券和伊斯蘭債券提供了一種結構化的投資選擇，增強了市場效率，並與其發展保持同步。</p>
<p>這些工具還為投資者提供了一種穩定且可預測的收入流，與股票相關的更波動的回報截然不同。它們通常承載相對較低的風險，特別是在高評級債券和伊斯蘭債券的情況下，同時實現更大的投資組合多樣化和更平衡的風險分配。</p>
<p><strong>一個成熟的機構合作關係</strong></p>
<p>科威特證券交易所讚揚科威特資本市場管理局在制定這一綜合立法框架方面所做的監管努力，並以高專業標準將其交付。該交易所還確認將繼續與該管理局協調和對齊，作為監督科威特證券行業的立法和監管機構。</p>
<p>科威特證券交易所將這種關係視為監管者設定和監督框架與實施和推進框架的運營者之間有效機構整合的典範，這種方法已被全球領先的資本市場所採用。</p>
<p>該交易所進一步重申其致力於不斷提升基礎設施和技術系統，以確保在所有資產類別中以最高效率和可靠性提供交易服務，增強科威特作為區域和全球領先金融投資中心的地位，為科威特國家所追求的經濟多樣化目標做出重要貢獻。</p>
<p>請將您的新聞稿發送至 pressrelease.zawya@lseg.com</p>
<p>免責聲明：本新聞稿的內容由外部第三方提供。本網站不對該外部內容負責，也不控制該內容。該內容以 “原樣” 和 “可用” 基礎提供，未經過任何編輯。本網站及我們的關聯公司不保證本新聞稿中所表達的觀點或意見的準確性。</p>
<p>本新聞稿僅供信息參考。內容不提供税務、法律或投資建議，也不對任何特定證券、投資組合或投資策略的適用性、價值或盈利能力發表意見。本網站及我們的關聯公司對內容中的任何錯誤或不準確之處，或您基於該內容採取的任何行動不承擔任何責任。您明確同意，您對本文中信息的使用風險自負。</p>
<p>在適用法律允許的最大範圍內，本網站、其母公司、子公司、關聯公司及各自的股東、董事、高級職員、員工、代理、廣告商、內容提供者和許可方對您不承擔任何直接、間接、後果性、特殊、附帶、懲罰性或示範性損害賠償責任，包括但不限於利潤損失、儲蓄損失和收入損失，無論是基於過失、侵權、合同或任何其他責任理論，即使各方已被告知可能性或可以預見到任何此類損害。</p>

MSCI 科威特​ ETF - iShares

<p>科威特證券交易所已獲得資本市場管理局（CMA）的批准，推出債券和伊斯蘭債券（sukuk）交易平台，此舉是在建立全面的監管框架之後進行的。該倡議旨在多樣化科威特資本市場的投資工具，並增強投資者信心。該平台將允許科威特和外國公司發行上市債券或伊斯蘭債券，為其提供新的融資機會。監管修訂還着重於改善市場流動性、透明度和信息披露標準，最終使投資者和發行人都受益</p>

<p><strong>Kuwait City</strong>: Boursa Kuwait welcomed the Capital Markets Authority (CMA)’s approval of its proposed rule amendments, alongside the issuance of Resolution No. 38 of 2026 establishing a comprehensive regulatory and legislative framework for bonds and sukuk. The move also includes amendments to the Executive Bylaws of Law No. 7 of 2010.</p>
<div class="lb-trans"><p><strong>科威特城</strong>：科威特證券交易所歡迎資本市場管理局（CMA）批准其提議的規則修訂，併發布了 2026 年第 38 號決議，建立了債券和伊斯蘭債券的全面監管和立法框架。這一舉措還包括對 2010 年第 7 號法律的執行細則的修訂。</p>
</div><p>Boursa Kuwait also issued Resolution No. 1 of 2026, amending its rulebook to incorporate provisions specific to bonds and sukuk. Together, these measures represent a significant addition to the Kuwaiti capital market and constitute a pivotal step toward developing its investment environment and diversifying its instruments in line with international best practices.</p>
<div class="lb-trans"><p>科威特證券交易所還發布了 2026 年第 1 號決議，修訂其規則手冊，以納入針對債券和伊斯蘭債券的具體條款。這些措施共同代表了對科威特資本市場的重要補充，並構成了朝着發展其投資環境和多樣化其工具的關鍵一步，符合國際最佳實踐。</p>
</div><p>“We are pleased to announce the completion of full operational and technical readiness for this phase, as system tests conducted by Boursa Kuwait and the capital market apparatus have delivered successful results, confirming the trading infrastructure’s readiness,” said Boursa Kuwait Chief Executive Officer Mr. Mohammad Saud Al-Osaimi.</p>
<div class="lb-trans"><p>“我們很高興地宣佈這一階段的全面運營和技術準備工作已完成，科威特證券交易所和資本市場機構進行的系統測試已取得成功結果，確認交易基礎設施已準備就緒，” 科威特證券交易所首席執行官穆罕默德·薩烏德·阿爾 - 奧賽米（Mr. Mohammad Saud Al-Osaimi）表示。</p>
</div><p>“Boursa Kuwait is now fully equipped to receive listing applications and operate the bonds and sukuk trading platform, with instruments to be listed upon meeting the applicable regulatory requirements,” he added.</p>
<div class="lb-trans"><p>“科威特證券交易所現在已完全準備好接收上市申請，並運營債券和伊斯蘭債券交易平台，待滿足適用的監管要求後，相關工具將被上市，” 他補充道。</p>
</div><p>Al-Osaimi also noted that investor confidence in Kuwait’s capital market is a trust the exchange is committed to upholding, adding, “What sets this phase apart is the introduction of new investment instruments at a time when the region is facing exceptional geopolitical challenges. This reflects the depth of investor confidence in the national economy of Kuwait and its capital market, underscoring the apparatus’s commitment to continued development despite these conditions.”</p>
<div class="lb-trans"><p>阿爾 - 奧賽米還指出，投資者對科威特資本市場的信心是交易所承諾維護的信任，並補充道：“這一階段的不同之處在於，在該地區面臨特殊地緣政治挑戰的時刻，引入了新的投資工具。這反映了投資者對科威特國家經濟及其資本市場的深厚信心，強調了該機構在這些條件下持續發展的承諾。”</p>
</div><p>“We would also like to reassure all market participants that trading systems are operating at full efficiency, and that Boursa Kuwait is distinguished by a robust operational infrastructure that provides investors with the tools and environment needed to manage their portfolios with confidence,” he said.</p>
<div class="lb-trans"><p>“我們還希望向所有市場參與者保證，交易系統正在全力高效運作，科威特證券交易所以強大的運營基礎設施而聞名，為投資者提供管理其投資組合所需的工具和環境，” 他説。</p>
</div><p>An integrated legislative framework covering the full cycle of the platform</p>
<div class="lb-trans"><p>涵蓋平台全週期的綜合立法框架</p>
</div><p>Resolution <strong>38</strong> establishes a comprehensive regulatory framework that covers the full lifecycle of bonds and sukuk in the Kuwaiti capital market, from listing and daily trading through to early redemption or maturity.</p>
<div class="lb-trans"><p>第 <strong>38</strong> 號決議建立了一個全面的監管框架，涵蓋科威特資本市場中債券和伊斯蘭債券的整個生命週期，從上市和日常交易到提前贖回或到期。</p>
</div><p>The new framework governs the listing of both domestic and foreign issuances, sets out ongoing obligations for issuers and obligors throughout the listing period and clearly defines procedures for delisting and withdrawal, including mechanisms for the treatment of these instruments in relation to their exclusion from market indices.</p>
<div class="lb-trans"><p>新框架管理國內和外國發行的上市，規定了發行人和債務人在上市期間的持續義務，並清晰定義了退市和撤回的程序，包括與這些工具在市場指數中排除相關的處理機制。</p>
</div><p>Boursa Kuwait also completed an integrated suite of operational and technical measures, including the introduction of a dedicated trading board for bonds and sukuk that is separate from equities. Trading sessions and price limits were structured to reflect the distinct nature of these instruments, differing from conventional equity trading mechanisms.</p>
<div class="lb-trans"><p>科威特證券交易所還完成了一整套綜合的運營和技術措施，包括引入一個專門的債券和伊斯蘭債券交易板，與股票分開。交易時段和價格限制的結構反映了這些工具的獨特性質，與傳統股票交易機制不同。</p>
</div><p>In addition, the market framework establishes clear continuous disclosure requirements, outlining issuers’ obligations when disclosing financial statements and material developments, alongside provisions regulating negotiated trades and the introduction of tailored operational rules that take into account the unique characteristics of these instruments.</p>
<div class="lb-trans"><p>此外，市場框架建立了明確的持續披露要求，概述了發行人在披露財務報表和重大進展時的義務，以及規定了談判交易的條款和引入考慮到這些工具獨特特徵的定製運營規則。</p>
</div><p><strong>A clear vision with strategic goals</strong></p>
<div class="lb-trans"><p><strong>明確的願景與戰略目標</strong></p>
</div><p>The comprehensive regulatory amendments included in the resolution align with five clear strategic objectives that reflect the long-term direction for the development of the Kuwaiti capital market. These include aligning the Kuwaiti capital market’s regulatory framework with the standards recognized in global capital markets, establishing a clear and structured approach to listing and trading that provides legal certainty for all stakeholders as well as enhancing market liquidity through the introduction of a new class of tradable instruments.</p>
<div class="lb-trans"><p>決議中包含的全面監管修訂與五個明確的戰略目標相一致，反映了科威特資本市場發展的長期方向。這些目標包括將科威特資本市場的監管框架與全球資本市場認可的標準對齊，建立明確和結構化的上市和交易方法，為所有利益相關者提供法律確定性，以及通過引入新類別的可交易工具來增強市場流動性。</p>
</div><p>The amendments also aim to strengthen disclosure standards and transparency in a manner that serves investors’ interests and reinforces their confidence, while supporting greater diversification of investment instruments in the Kuwaiti market, reducing reliance on equities as the primary investment vehicle.</p>
<div class="lb-trans"><p>這些修訂還旨在以服務投資者利益和增強其信心的方式加強披露標準和透明度，同時支持科威特市場投資工具的更大多樣化，減少對股票作為主要投資工具的依賴。</p>
</div><p><strong>A</strong> real opportunity for issuers</p>
<div class="lb-trans"><p><strong>發行人的真正機會</strong></p>
</div><p>For the first time ever, Kuwaiti and foreign companies can finance their operations and projects through the issuance of listed bonds or sukuk on Boursa Kuwait, benefitting from clear and viable financing advantages. The instruments allow issuers to secure funding at competitive costs compared to traditional bank borrowing and access a broader and more diversified investor base beyond conventional lenders.</p>
<div class="lb-trans"><p>科威特和外國公司首次可以通過在科威特證券交易所發行上市債券或伊斯蘭債券來為其運營和項目融資，享受明確且可行的融資優勢。這些工具使發行人能夠以與傳統銀行借貸相比更具競爭力的成本獲得資金，並接觸到更廣泛和多樣化的投資者基礎，超越傳統貸款人。</p>
</div><p>The new regulatory framework also requires companies seeking listing to meet a set of conditions designed to safeguard investor interests. These include obtaining a credit rating from a recognized rating agency, adhering to a minimum issuance value of no less than KD <strong>100,000</strong> or its equivalent in foreign currencies, ensuring free tradability without restrictions and establishing a body to represent bond or sukuk holders and protect their interests. Additionally, sukuk issuances must comply with the principles and rules of Islamic Sharia.</p>
<div class="lb-trans"><p>新的監管框架還要求尋求上市的公司滿足一系列旨在保護投資者利益的條件。這些條件包括獲得認可評級機構的信用評級，遵守不低於 KD <strong>100,000</strong> 或其等值外幣的最低發行價值，確保無限制的自由交易，並建立一個代表債券或伊斯蘭債券持有人的機構以保護其利益。此外，伊斯蘭債券的發行必須遵循伊斯蘭教法的原則和規則。</p>
</div><p><strong>A new investment opportunity</strong></p>
<div class="lb-trans"><p><strong>新的投資機會</strong></p>
</div><p>The significance of this platform extends to investors in Kuwait’s capital market, offering new investment opportunities that were not previously available at this level of regulation and transparency. As listed and tradable instruments on the exchange, bonds and sukuk provide a structured investment option that enhances market efficiency and keeps pace with its development.</p>
<div class="lb-trans"><p>這一平台的意義延伸至科威特資本市場的投資者，提供了在此監管和透明度水平下之前未曾提供的新投資機會。作為交易所上市和可交易的工具，債券和伊斯蘭債券提供了一種結構化的投資選擇，增強了市場效率，並與其發展保持同步。</p>
</div><p>These instruments also offer investors a steady and predictable stream of income, distinct from the more volatile returns associated with equities. They typically carry comparatively lower risk, particularly in the case of highly rated bonds and sukuk, while enabling greater portfolio diversification and a more balanced distribution of risk.</p>
<div class="lb-trans"><p>這些工具還為投資者提供了一種穩定且可預測的收入流，與股票相關的更波動的回報截然不同。它們通常承載相對較低的風險，特別是在高評級債券和伊斯蘭債券的情況下，同時實現更大的投資組合多樣化和更平衡的風險分配。</p>
</div><p><strong>A well-established institutional partnership</strong></p>
<div class="lb-trans"><p><strong>一個成熟的機構合作關係</strong></p>
</div><p>Boursa Kuwait commends the regulatory efforts undertaken by the CMA in developing this integrated legislative framework and delivering it to a high professional standard. The exchange also affirms its continued coordination and alignment with the Authority in its capacity as the legislative and supervisory body overseeing Kuwait’s securities sector.</p>
<div class="lb-trans"><p>科威特證券交易所讚揚科威特資本市場管理局在制定這一綜合立法框架方面所做的監管努力，並以高專業標準將其交付。該交易所還確認將繼續與該管理局協調和對齊，作為監督科威特證券行業的立法和監管機構。</p>
</div><p>Boursa Kuwait views this relationship as a model of effective institutional integration between a regulator that sets and oversees the framework and an operator that implements and advances it, an approach adopted by leading capital markets worldwide.</p>
<div class="lb-trans"><p>科威特證券交易所將這種關係視為監管者設定和監督框架與實施和推進框架的運營者之間有效機構整合的典範，這種方法已被全球領先的資本市場所採用。</p>
</div><p>The exchange further reiterates its commitment to continuously enhancing its infrastructure and technical systems to ensure the delivery of trading services at the highest levels of efficiency and reliability across all asset classes, enhancing Kuwait's position as a leading financial and investment center in the region and across the globe, a vital contributor to the economic diversification goals to which the State of Kuwait aspires.</p>
<div class="lb-trans"><p>該交易所進一步重申其致力於不斷提升基礎設施和技術系統，以確保在所有資產類別中以最高效率和可靠性提供交易服務，增強科威特作為區域和全球領先金融投資中心的地位，為科威特國家所追求的經濟多樣化目標做出重要貢獻。</p>
</div><p>Send us your press releases to pressrelease.zawya@lseg.com</p>
<div class="lb-trans"><p>請將您的新聞稿發送至 pressrelease.zawya@lseg.com</p>
</div><p>Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.</p>
<div class="lb-trans"><p>免責聲明：本新聞稿的內容由外部第三方提供。本網站不對該外部內容負責，也不控制該內容。該內容以 “原樣” 和 “可用” 基礎提供，未經過任何編輯。本網站及我們的關聯公司不保證本新聞稿中所表達的觀點或意見的準確性。</p>
</div><p>The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.</p>
<div class="lb-trans"><p>本新聞稿僅供信息參考。內容不提供税務、法律或投資建議，也不對任何特定證券、投資組合或投資策略的適用性、價值或盈利能力發表意見。本網站及我們的關聯公司對內容中的任何錯誤或不準確之處，或您基於該內容採取的任何行動不承擔任何責任。您明確同意，您對本文中信息的使用風險自負。</p>
</div><p>To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.</p>
<div class="lb-trans"><p>在適用法律允許的最大範圍內，本網站、其母公司、子公司、關聯公司及各自的股東、董事、高級職員、員工、代理、廣告商、內容提供者和許可方對您不承擔任何直接、間接、後果性、特殊、附帶、懲罰性或示範性損害賠償責任，包括但不限於利潤損失、儲蓄損失和收入損失，無論是基於過失、侵權、合同或任何其他責任理論，即使各方已被告知可能性或可以預見到任何此類損害。</p>
</div>

ZAWYA: 科威特證券交易所將在資本市場管理局的決定後推出債券和伊斯蘭債券交易平台