Afkar Holding Company
Symbol AFKAR OTC Code 442 Type of Trade HYBRID
Date of last trade/ date of last hybrid deal:   14 August 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 Afkar Holding Company
Sector Holding
Sub-sector
Legal form Closed Kuwaiti Shareholding Company
Company establishment date 16 September 2007
Company purpose

The company engages in a range of activities, including:
1. Ownership of shares in Kuwaiti or foreign shareholding companies, as well as shares or stakes in Kuwaiti or foreign limited liability companies. Additionally, the company participates in the establishment, management, lending, and guaranteeing of these types of companies in collaboration with others.
2. Providing loans to companies in which it holds shares and guaranteeing them with other parties. In these cases, the holding company's participation in the capital of the borrowing company must be at least 20%.
3. Ownership of industrial property rights, such as patents, industrial trademarks, industrial drawings, and related rights. These rights are leased to other companies for utilization, both within and outside of Kuwait.
4. Ownership of movable assets and real estate necessary for conducting its activities, within the limits permitted by the law.
5. Exploiting the available financial surpluses by investing them in financial portfolios managed by specialized companies and entities.
The company is authorized to engage in these activities both domestically and internationally, directly or indirectly, in compliance with Islamic law. All operations are carried out in accordance with the articles of association and the company's memorandum of association.

Company profile

Afkar Holding Company K.S.C. (Holding) was established in Kuwait as a closed shareholding company on April 16, 2006, in accordance with the Commercial Companies Law No. 15 of 1960. The company's registration in the Commercial Register took place on April 18, 2006, and its latest amendment was recorded in the Commercial Register of Companies on August 5, 2014.

Company Capital
As per the annual financial report for the fiscal year ending on December 31, 2022, the authorized, issued, and fully paid-up capital of Afkar Holding is KD 15.5 million (similar to the capital in 2021). This capital is distributed over 155 million shares, each having a nominal value of 100 fils. All shares have been fully paid for in cash.

Shareholding records Kuwait Clearing Company (KCC)
Auditor BDO Al Nisf and Partners
Date of joining the OTC Platform 06 October 2021
Type of deal HYBRID
Sharia'a compliant Yes
Source of Data Various credible sources
Last Updated On 02 December 2024
Location

Sharq - Ahmed Al Jaber Street - Dar Al Awadi Complex - Floor 29

Tel

22008451

Fax

22491259

Email Address

info@afkarholding.com

Contact Person

Rashid Daroge

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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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