AL-MANAR FINANCING & LEASING COMPANY
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Stock Overview |
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Al-Manar Financing & Leasing Company |
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December, 2003 |
Established On |
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30,701,000 KD |
Paid-Up Capital |
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100 KF |
Share Par Value |
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307,010,000 Share |
Issued Shares |
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- Undertaking all operations of granting credit facilities to consumers. |
Principal Activities |
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- Providing all lease products, such as operational or finance lease. |
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- Mobilizing resources for financing lease and arranging for financing group lease |
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operations. |
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- Financing consumer articles as per Murabaha or bargain contract or other contracts |
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- Real estate investment, developing, and promoting residential land, construction of |
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commercial units and complexes as well as warehouses for sale or lease. |
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- Undertaking all works relating to securities. |
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- Establishing investment funds for the account of the company or third parties and |
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offering the same for subscription, undertaking the functions of investment |
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manager for investment of funds inside Kuwait or abroad in accordance with the |
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applicable laws and rules of the country. |
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- Investment in the real estate, industrial and agricultural sectors as well as other |
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economic sectors via participation in the incorporation of specialist companies or |
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purchase of the same. |
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- Administering all types of portfolios, investment and development of the funds of their |
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clients by employing the same in all aspects of investment locally and internationally. |
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- Representing or possessing national and foreign companies which have similar |
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objectives with that of the company, to deal with its financial products locally and |
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internationally without contradicting the provisions of the Islamic law and related |
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Kuwaiti laws and regulations |
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Board of Directors : |
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Bader Abdulla Al Sumait |
Chairman |
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Salah Mohammad AL Wazzan |
Vice Chairman |
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Khalid Nasser AL Fouzan |
Member |
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Abdulwahab Abdullah Al-Dkhail Al-Shayee |
Member |
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Omar Mahmood Al Qooqa |
Member |
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Abdullah Asoud Al-Bader |
General Manager |
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Bader Alwazzan from Bader Alwazzan and partners' bureau (Price Waterhouse |
Auditors |
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Copers) |
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Al Qiblah, opposite to Al Watya complex, Abu Baker St ., Al Bahar Tower , 2 nd floor |
Address |
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Hawally Branch: Ibn Khaldoun St. , Sara Complex Tel. 825050 |
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Sharq Branch: Ibn Al Waleed St. Tel. 825050. |
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22828 Safat 13089 Kuwait |
P.O.Box |
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2983000-825050 ( 965 ) |
Telephone |
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2983001 ( 965 ) |
Fax |
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Website |
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