Company Al Manar Financing and Leasing Company K.S.C. (Public)

Equities

ALMANAR

KW0EQ0208839

Consumer Lending

End-of-day quote Kuwait S.E. 18:00:00 2024-05-06 EDT 5-day change 1st Jan Change
0.0653 KWD +2.03% Intraday chart for Al Manar Financing and Leasing Company K.S.C. (Public) -0.46% +14.96%

Business Summary

Al Manar Financing and Leasing Co KSCC is a Kuwait-based Islamic financial institution that is engaged mainly in the provision of a range of leasing and financing services for businesses and individuals for the purchase of vehicles, furniture, marine equipment, computers, real estate and educational and medical services. The Company’s various activities include introducing several leasing products such as operational leasing and lease-to-own products, doing transactions related to financial stocks, investing in or managing investment of investment and leasing funds inside and outside of the State Kuwait, managing portfolios of various types, investing the money of its clients via different investment tools locally and globally and conducting economic and technical studies and researches for the clients. In addition, Al Manar Financing and Leasing Co KSCC is active in investing in several economic sectors such as real estate, financial, industrial and agricultural sectors.

Sales per Business

KWD in Million2022Weight2023Weight Delta
Investment
51.0 %
0 12.0 % 2 51.0 % +897.33%
Finance
44.7 %
2 85.5 % 2 44.7 % +22.33%
Others
4.3 %
0 2.5 % 0 4.3 % +291.46%

Sales per region

KWD in Million2022Weight2023Weight Delta
Kuwait
100.0 %
2 100.0 % 5 100.0 % +133.77%

Managers

Managers TitleAgeSince
Chief Executive Officer - -
Director of Finance/CFO - 21-02-28
Chief Administrative Officer - -
Chief Tech/Sci/R&D Officer - 03-11-30
Chief Administrative Officer - 03-10-31
Corporate Officer/Principal - -
Corporate Officer/Principal 40 -
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Shariah Board Member - -
Chief Executive Officer - -
Shariah Board Member - -
Shariah Board Member - -
Director/Board Member - -
Director/Board Member - -
Chairman - -
Director/Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 263,747,591 148,806,391 ( 56.42 %) 0 56.42 %

Shareholders

NameEquities%Valuation
Aqar Real Estate Development & Investment Co.
29.00 %
76,497,197 29.00 % 16 M KWD
The Public Institution for Social Security of Kuwait
14.58 %
38,459,626 14.58 % 8 M KWD
21,656,621 8.211 % 4 M KWD

Holdings

NameEquities%Valuation
93,221,430 26.97% 30,093,742 $

Company contact information

Al Manar Financing & Leasing Co. KSCC

Al Qibla Area, Opp to Al Watya Comp Abu Baker Street, Safat

13089, Kuwait City

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http://www.almanar.com.kw
address Al Manar Financing and Leasing Company K.S.C. (Public)(ALMANAR)
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