Tali General Trading approved the conversion of its legal status from a limited liability company (WLL) to a closed Kuwaiti shareholding company (K.S.C.C).
The company’s authorized, issued, and fully paid-up capital was set at KD 1,000,000, divided into 10,000,000 shares with a nominal value of 100 Fils each.
All shares are in cash and have been fully paid by the company through Kuwait Finance House, as confirmed by a letter dated April 15, 2025.
Among the company's objectives—aligned with Islamic Sharia principles—is to operate as a provider of large-scale electronic money services. The company may carry out its activities both in Kuwait and abroad, either directly or through agency agreements. It is also permitted to engage in any related, complementary, or necessary business activities in line with its stated purposes.