Al Mal Investment Company
Symbol Al Mal OTC Code 75 Type of Trade HYBRID
Date of last trade/ date of last hybrid deal:   24 April 2025
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Company Name Al Mal Investment Company
Sector Financial Services
Sub-sector Investment
Legal form Kuwaiti Public Shareholding Company
Company establishment date 02 January 1980
Company purpose AlMal Investment Company engages in various investment activities, including investing in different economic sectors through the establishment of specialized companies, acquiring shares in existing companies, or purchasing shares in those companies. Additionally, the company acts as an investment trustee, managing investment portfolios on behalf of others. AlMal Investment also facilitates borrowing operations and earns commissions or remuneration in return.

Furthermore, the parent company has the option to collaborate or participate in any way with other companies operating in the same field or those that align with the company's objectives, both in Kuwait and internationally. This may involve purchasing such companies or acquiring ownership rights in them.

The consolidated financial statements of the company's group for the year ended on December 31, 2020, were duly approved and sanctioned at the Board of Directors meeting held on December 6, 2021.
Company profile Al Mal Investment Company, was established in Kuwait on January 2, 1980, as a Kuwaiti Public Shareholding Company. It operates under the provisions of the Kuwaiti Commercial Companies Law No. 15 of 1960 and its subsequent amendments. The company is regulated by the Central Bank of Kuwait for financing activities and by the Capital Markets Authority as an investment company.
On January 15, 2002, the company got listed on the Kuwait Stock Exchange. However, on April 4, 2022, the company decided to withdraw from the main market and it subsequently started trading on the OTC Platform.

Company capital:
As per the financial report for the fiscal year ended on December 31, 2020, the authorized, issued, and paid-up capital of Al Mal Investment Company is KD 31,024,591 (compared to KD 31,024,591 in 2019). This capital is distributed over 310,245,910 shares (compared to 310,245,910 shares in 2019), with a nominal value of 100 fils per share. It should be noted that all shares are fully paid in cash.
Shareholding records Kuwait Clearing Company (KCC)
Auditor Nazar & Partners - Authorized Auditor & Consultants
Date of joining the OTC Platform 10 May 2022
Type of deal HYBRID
Sharia'a compliant No
Source of Data Various credible sources
Last Updated On 04 September 2024
Location

Al-Mirqab - Khalid Bin Al Waleed Street - Mazaya Tower - 3 twelfth floor

Tel

‏22254800

Fax

‏22254888

Email Address

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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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