- Investment and ownership in various economic sectors such as real estate, industrial, agricultural, services and other economic sectors through participating in incorporating specialized companies or the acquisition of stock in various.
- Manage the funds of public and private institutions and invest those funds in various sectors, including the management of financial and real estate portfolios.
- Provide and prepare technical and economic studies and consultations, study projects related to investments, and prepare the necessary studies for institutions and companies.
- Financial brokerage transactions.
- Conduct the functions of placement managers for bonds issued by companies and institutions, as well as custodian duties.
- Finance and brokerage activities related to international trade operations.
- Provide financing to third parties in various sectors, 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).
- Deal and trade in foreign exchange and precious metals market inside the State of Kuwait and abroad on the company's behalf only.
- 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 investment 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 CBK.
- Mobilize resources for Ijarah financing and arrange for collective financing of Ijara, especially for small and medium enterprises (SMEs), however the company may not accept deposits.
- Invest the Company’s money in various investment aspects approved by CBK and mainly Ijara finance, which requires the acquisition and leasing of movable and immovable assets. This may not include financing the purchase of consumer goods.
- Own industrial property rights, patents, trademarks, industrial and commercial designs, literature and intellectual property rights related to programs and publications, for its own use and to rent them to others.
- 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 is an unlisted securities broker. The Company shall be directly engaged in the above-mentioned activities in the State of Kuwait and abroad on its behalf or on behalf of others. The Company may have an interest with entities that carry on businesses similar to its own or that may be conducive in the attainment of its objects, and it may buy, participate in, associate with or merge with such entities in the State of Kuwait or abroad, providing that such activities to be conducted in compliance with Islamic Sharia rules and guidelines. All the Company’s activities shall be conducted as per the provision of Islamic Sharia. In no case shall any of the above stated purposes be construed as directly authorizing the Company to carry out any acts of Riba, whether it was in the form of interests or otherwise.
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