Industrial & Financial Investments Co.
Symbol IIC OTC Code 31 Type of Trade HYBRID
Date of last trade/ date of last hybrid deal:   20 August 2025
Last Price:   Last Price is available exclusively to certain of our subscriptions. Refer to the features of our different packages.

Disclaimer:
Almowazi has compiled a database of unlisted companies using information obtained from the unlisted companies themselves or from various official sources, including but not limited to company websites and/ or other disclosures made. This database provides updated information in an easily accessible format, allowing shareholders in these companies to follow up on these in real time.

Unlisted and private companies are not subject to the same regulations obligations as listed companies, therefore, by disclosing their information, they can improve transparency by updating their information on the Almowazi website by contacting Almowazi directly via email (info@almowazi.com) or phone. 
If a company wishes to remove the available information from this website, the management of the company can do so through the provided link or by contacting Almowazi telephonically on the numbers provided on its website.

However, it is important for shareholders, investors, and users of the Almowazi website to exercise caution and consult additional sources of information before making any investment decisions. 

Almowazi’ s website management does not accept legal responsibility for any discrepancies or lack of updates regarding the information provided on the website.

Company Name Industrial & Financial Investments Co.
Sector Financial Services
Sub-sector Investment
Legal form Closed Kuwaiti Shareholding Company
Company establishment date 04 April 1983
Company purpose
  • Managing subsidiaries or contributing to the management of other affiliated companies, and providing essential support services to them
  • Investing company funds in the trading of stocks, bonds, and other securities
  • Owning real estate and movable assets necessary for conducting company operations, within legal limits
  • Acquiring intellectual property rights, such as patents, trademarks, industrial designs, franchises, and other rights, and licensing these to its subsidiaries and other entities
  • Conducting the purchase and sale of shares and bonds on behalf of the company
  • Investing financial surpluses into financial portfolios managed by specialized firms
  • Providing consultancy services in the fields of investment and real estate finance
  • Undertaking activities or operations that are similar, auxiliary, necessary, or related to the company's goals, both on behalf of the company or on behalf of others


Engaging in business activities both within and outside the State of Kuwait, which include interest in or partnership with companies and institutions of similar nature or those that contribute to the company's objectives, with the potential to establish, participate in, or acquire these companies or institutions
Company profile

The Industrial and Financial Investment Company, a closed Kuwaiti shareholding entity, was established within the State of Kuwait in the year 1983, pursuant to the Articles of Association by Document No. 71, Series 1, duly executed on the 4th of April, 1983. Subsequently, it acquired registration as an investment company from the Central Bank of Kuwait on the 17th of May, 1998. The governance of the company falls under the oversight of both the Central Bank of Kuwait and the Capital Markets Authority. The public offering of the company's shares commenced on the Kuwait Stock Exchange on the 6th of July, 1996, and the company is presently recorded in the commercial register with the number 34910.

In accordance with directives issued by the Capital Markets Authority of the State of Kuwait, the company's shares were delisted from the Kuwait Stock Exchange main market on the 22nd of January, 2014.

On 26 June 2016, at the Extraordinary General Assembly Meeting of Shareholders, the liquidation of the Company was approved by a majority of 51%. On July 21, 2016, the liquidation of the company was marked in the Commercial Register.

On October 4, 2019, the company was removed from the Investment Companies Register at the Central Bank of Kuwait, however, until the date of issuance of these consolidated financial statements, the company's articles of association and memorandum of association have not been amended.

Furthermore, as of the 31st of January, 2020, the Capital Markets Authority announced the termination of the company's securities activities license which has not been renewed. Notwithstanding this directive by CMA, the company retains the responsibility to securely maintain client funds until such time as they are transferred to the clients or to an entrusted entity for their management or safekeeping.

The company started trading on the OTC Platform on 19 March 2024 as hybrid deals.

Regarding the company's capital, the annual financial report for the fiscal year concluded on December 31st, 2021, declares an authorized, issued, and fully paid-up capital for Industrial and Financial Investments at a sum of KD 11,041,623 (consistent with the figure for the year 2020), distributed over 110,416,230 shares with a nominal value of 100 fils each.
Shareholding records Kuwait Clearing Company (KCC)
Auditor
Date of joining the OTC Platform 19 March 2024
Type of deal HYBRID
Sharia'a compliant No
Source of Data Various credible sources
Last Updated On 08 January 2025
Location

East - Plot 5 - Jaber Al Mubarak Street - Commercial Real Estate Building - First Floor

Tel

22909011

Fax

22448850

Email Address

Website

www.ific.net

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.

Edit / Update Request