Kuwait Finance & Investment Company (KFIC) 4.35

Kuwait Finance & Investment Company (KFIC) is a Kuwaiti shareholding company incorporated under the Commercial Company Law No. 15 of 1960 and amendments thereto (C.R.80279). The company is registered with the Central Bank of Kuwait as an Investment Company with a license to conduct business in financial and investment sectors. KFIC is listed on the Kuwaiti Stock Exchange since 28th July 2003 under the symbol "KFIC".
KFIC was initially incorporated on the 27th March 2000 under the name Kuwait Financing Services Company with a license to engage in providing financing services only. In 2003, KFIC underwent a change in ownership structure and business strategy aiming to provide investment services to augment its flourishing financing services. This was realized on the 19th April 2004 when its application to include investment services was approved by the Central Bank of Kuwait.

Since its incorporation, KFIC has grown by implementing a number of capital increases for a total current capital of KWD 41.931 million, the equivalent of USD 154.717 million (as of 9th April 2008)