عربي
Almowazi Capital Launches iMowazi: Kuwait’s First Registered Digital Securities-Based Crowdfunding Platform
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21 07 2025
Almowazi Capital Launches iMowazi: Kuwait’s First Registered Digital Securities-Based Crowdfunding Platform
Kuwait – 21 July 2025: Almowazi Capital, a specialized financial services company offering brokerage and crowdfunding solutions, has officially obtained a securities-based crowdfunding approval from the Capital Markets Authority (CMA). The company will announce launching the iMowazi platform soon, becoming the first registered crowdfunding platform in Kuwait under CMA Resolution No. (132) of 2025. This milestone enables Almowazi Capital to provide crowdfunding services in partnership with its strategic partner, the Arab Investment Company (subscription agent). This marks a significant step in establishing fintech companies in Kuwait under the provisions of the 19th Book issued by the CMA in 2024.
Crowdfunding Platform: New Digital Products for the Market
On this occasion, Almowazi Capital’s Chairman and CEO, Muhannad Al-Sane, emphasized that the company is introducing a new market product: the iMowazi digital crowdfunding platform. This platform empowers companies issuing offers to reach investors and secure funding for their projects by issuing securities and transferring part of their equity to support business growth and future expansions. Requests from offer issuers will be accepted electronically through the platform, with preparations underway to launch their offers on iMowazi once all essential requirements are met.
Enhancing Investment and Financing Channels in a Digital Environment
Almowazi Capital’s Vice Chairman, Raed Bukhamseen, highlighted that in line with the CMA’s establishment of the fintech activity, which requires collaboration and proactive engagement from the private sector to introduce innovative digital products, the company launched iMowazi to provide crowdfunding services. The platform connects entrepreneurs and successful project owners—who represent important investment opportunities—with investors, enabling these companies to boldly expand their businesses with a group of investors while enhancing market liquidity.
Platform Services
Regarding the services offered by the platform, Almowazi Capital’s Assistant Vice President, Mohammed AlRasheed, stated that iMowazi provides transparency, ease, and speed, enabling offer issuers to present their projects once the main requirements are fulfilled. The platform categorizes investors into three types: retail, professional, and qualified investors, allowing each to participate according to their knowledge and market experience. The platform facilitates investor identification and information verification by linking with the Public Authority for Civil Information (PACI), providing an easy electronic Know Your Customer (KYC) process.
On payment and funding speed, AlRasheed explained that the platform is integrated with an electronic payment gateway licensed by the Central Bank of Kuwait, ensuring a smooth and secure digital experience that guarantees investor participation in selected projects according to regulatory requirements.
Acknowledgments
In conclusion, Al-Sane, Bukhamseen, and AlRasheed expressed their sincere gratitude to all employees at the Capital Markets Authority – Financial Technology Department, in Licensing and Registration Department supervision sector, for their professionalism and swift execution, which culminated in the successful launch of iMowazi. This achievement marks the platform as Kuwait’s first digital platform for securities-based crowdfunding operations.
