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Al-Madar Finance & Investment
Address : P. O. Box : 1376 Safat 13014 Kuwait Tel. : 2324200 Fax : 2324201 Website : www.almadar-fi.com
Working Hours : 7:30am - 3:00pm (Saturday - Wednesday)
Management : Nabil Ahmad Mohamed Ameen Chairman & Managing Director Adnan A. Al-Musalem Vice Chairman Bader K. Al-Bahar Deputy General Manager Abdulrahman K. AlShayji Assistant General Manager Adel M. Al-Hudaib Real Estate Investment Manager Mazen M. Sedky Legal Affairs Manager
Employees : 60
Activities : The company is involved in Investing the funds for its own account and on behalf of its clients in all economic sectors in corformity with Islamic jurisprudence. In particular, it shall be entitled to carry out the following :-
Promoting and marketing all kinds of shares and securities on behalf of other companies, in accordance with Islamic jurisprudence.
Carrying out all kinds of investments whether for its own account or on behalf of its clients through agency mediation or brokerage except for trading in commodities for its own account.
Giving loans and borrowing and financing international trading transactions and issuing all kinds of Islamic securities for its clients and dealing in them.
Carrying out portfolio management services and management of third party funds in accordance with the relevant laws in conformity with the Islamic jurisprudence.
Purchasing and investing all kinds of equipment and hiring them out to benefit from them or hiring them out, owning them, leasing them, licencing them and then selling them or disposing of them in any other way.
Carrying out researches and studies and other technical services related to investment transactions and for third parties.
Carrying out researches and studies and other technical services related to investment transactions and funds investment for third parties.
Establishing and managing investment funds in accordance with the applicable laws and regulations and on the basis of obtaining the relevant approvals from the concerned authorities.
The company may have interest or it may participate in any way with other organizations which practice activities similar to those of the company or which assist the company to realize its purposes in Kuwait or abroad and it may establish or participate in or purchase these organizations or annex them.
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