Al-Badr: An important achievement not only for the company but also for the investment sector in Kuwait, and it enables us to better meet the needs of customers and maintain our leading position in the market.

Smart Wealth is an easy-to-use consulting platform that creates an investment plan for each client based on their risk tolerance and goals.

NBK Investment Company announced that it has obtained a license as an automated investment advisor registered with the Capital Markets Authority, after the company fulfilled all the conditions and requirements.

NBK Capital is thus one of the first companies approved by the Capital Markets Authority to be listed to provide securities-based financial technology services in Kuwait. This achievement reinforces the company’s position in the investment sector in the State of Kuwait and its role in developing the financial technology sector, based on the company’s record of providing automated investment services to thousands of clients through its “Smart Wealth” platform.

The company believes that providing digital solutions is not just a future trend, but a present reality that the sector and investment service providers must adopt to maintain their position in the eyes of clients. On this occasion, Deputy CEO of NBK Capital, Mr. Fahad Al-Rasheed Al-Bader, said: “The Capital Markets Authority’s licensing of NBK Capital to provide the Robo-Investment Advisor service is an important achievement not only for the company, but for the investment sector in Kuwait in general, and enables us to better meet the needs of clients and maintain our leading position in the market.”

Al-Badr pointed out that this license reflects the advanced regulatory environment that supports innovation in the field of investments while ensuring the highest standards of transparency and investor protection, values that NBK Investment Company places at the forefront of its priorities . He explained that regulating digital innovation is a key factor in protecting customers and providing high-quality services.

NBK Investment considers investment to be a very important element for individuals’ financial security and future, as it allows individuals to plan their lives and secure their future. Technology has provided all segments of society with the ability to make investments that suit their needs and circumstances. Based on the importance of financial inclusion in any society, the company is committed, through the Smart Wealth service, to enabling its clients to invest in effective and sustainable solutions in the long term .

SmartWealth is an easy-to-use digital financial advisory platform that provides an investment plan for each client based on their risk tolerance, investment orientations and financial aspirations. These plans include securities that provide investment in stocks, bonds, commodities and other assets, as well as the opportunity to invest in global markets with the ability to choose between traditional or Sharia-compliant investments. Clients can easily access this service by downloading the NBK Capital SmartWealth app on iOS or Android devices, or by contacting their relationship manager at NBK for more details.

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