Hayat Invest Company
Symbol Hayat OTC Code 374 Type of Trade NEGDEAL
Date of last trade/ date of last hybrid deal:   15 January 2025
Last Price:   Last Price is available exclusively to certain of our subscriptions. Refer to the features of our different packages.

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Company Name Hayat Invest Company
Sector Financials
Sub-sector Investment (regulated by CBK and CMA)
Legal form Closed Kuwaiti Shareholding Company
Company establishment date 14 December 2009
Company purpose

- Invest in real estate, industrial, agricultural, and services sectors through its participation in incorporating companies, or the acquisition of stock or bonds of those companies.

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

- Provide and prepare technical and economic studies, consultations, and valuations.  study projects related to investments and prepare studies for third parties.

- Financial brokerage transactions.

- Conduct the functions of underwriting managers for shares and bonds issued by corporations, institutions, and governmental / non-governmental entities, as well as investment trustee services including placement management, IPO, underwriting, receiving and covering subscriptions.

- finance and brokerage activities related to international trade operations.

- Provide financing to third parties, taking into consideration financial safety principles while maintaining a sound financial position, in accordance with the rules, conditions and guidelines set forth by Central Bank of Kuwait (CBK) and within the guidelines of Islamic Sharia principles.

- Deal and trade in foreign exchange and precious metals market in Kuwait and abroad on the company's behalf and others.

- Transactions related to trading of securities through the purchase and sale of shares and bonds of local and international companies and government institutions.

- Carry out all services that aim to develop and strengthen the capacity of the financial and monetary market in Kuwait and meet its various needs, as governed by rules and regulations issued by Central Bank of Kuwait (CBK).

- Manage international portfolios and invest and develop funds in business operations on the company’s behalf and on behalf of others in accordance with the governing laws and regulations.

- Invest the Company’s money in various investment aspects approved by CBK and mainly Murabaha and Ijara finance, which requires the acquisition and leasing of movable and immovable assets.

- Manage international portfolios and invest and develop funds in leasing operations on the company’s behalf and on behalf of others in accordance with the governing laws and regulations.

- The Company may directly engage in the above-mentioned activities in the State of Kuwait and abroad, representing itself or on behalf of others. The Company may have an interest with entities that carry out businesses similar to its own or that may be conducive in acquisition activities, and it may buy, participate in, associate with or merge with such entities in the State of Kuwait or abroad, in compliance with the guidelines of Islamic Sharia principles.

Company profile

Hayat Invest Company was established on 21 December 2008 as a Kuwaiti Closed Shareholding Company . the company was registered as an investment company at the Central Bank of Kuwait on 17 February 2009 and it is subject to Capital Markets Authority’s oversight pursuant to the Executive Regulation of Law Number 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and its Amendments.

The Company carries out its activities in accordance to the guidelines of Islamic Sharia principles. 

Capital:

Hayat Invest Company’s authorized, issued and fully paid capital as indicated in the Company’s Annual Report for the financial year ended 31 December 2018 is KWD 15 million divided into 150 million shares, at 100 fils per share, all of which are cash shares.

 

Shareholding records Kuwait Clearing Company (KCC)
Auditor
Date of joining the OTC Platform 18 November 2018
Type of deal NEGDEAL
Sharia'a compliant Yes
Source of Data Various credible sources
Last Updated On 15 January 2025
Location

Kuwait - Fahd Al-Salem Street - Al-Joun Tower - Roles 11, 12

Tel

22915900

Fax

22478313- 22478315

Email Address

info@hayatinvest.com

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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