Projects Company for Finance and Investment
Symbol Projects Finance OTC Code N/A Type of Trade GCC
Date of last trade/ date of last hybrid deal:  
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Company Name Projects Company for Finance and Investment
Sector Financial Services
Sub-sector Investment
Legal form Closed Kuwaiti Shareholding Company
Company establishment date 12 April 2006
Company purpose

- Invest in various economic sectors including real estate, industrial, and agricultural among other sectors through its participation in incorporating specialized companies or the acquisition of stock or bonds of those companies.

- Manage the funds of public and private institutions and invest those funds in various sectors, including the management of financial and real estate portfolios.

- Conduct the functions of underwitting managers for bonds issued by corporations and institutions, as well as investment trustee services, brokerage activities related to international trade operations, deal and trade in foreign exchange and precious metals in Kuwait and abroad and carry out all services that aim to develop and strengthen the capacity of the financial and monetary market in Kuwait.

- The Company may establish and manage all types of investment funds, mobilize financial resources for financing and Ijarah activities, own industrial property rights, patents, and trademarks, manage international portfolios and invest and develop funds in leasing operations.
Company profile

Projects Finance and Investment Company was established in 2006 as a Closed Kuwaiti Shareholding Company (formerly known as Ajal Finance & Investment Company), the Company’s capital is KWD 15 million divided into 150 million shares with a nominal value of 100 fils per share. The Company conducts its business in accordance to the guidelines of Islamic Sharia principles. 
Shareholding records Gulf Custody Company (GCC)
Auditor
Date of joining the OTC Platform
Type of deal Private
Sharia'a compliant Yes
Source of Data Various credible sources
Last Updated On 25 July 2023
Location

Qibla - Block 15 - Building14 - King of Badr Salem Al-Wahab Rakan Tower Floor 7

Tel

2468861 

Fax

2468860 - 22320400

Email Address

Website

Disclaimer

If a company wishes to remove the available information from this website, the management of the company can do so through the provided link and by contacting Almowazi telephonically on the numbers provided on its website.

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