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Al Manar Financing And Leasing Company K.S.C.(Closed) (Kuwait)

Main Activities: Securities, Commodity Contracts, and Other Financial Investments and Related Activities | Real Estate and Rental and Leasing | Management, Scientific, and Technical Consulting Services
Full name: Al Manar Financing And Leasing Company K.S.C.(Closed) Profile Updated: February 22, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Al Manar Financing and Leasing Company K.S.C. is an Islamic financing institution located in Kuwait City. It was established in November 2003 with a current capital of KD 26,374,760. The company aims to meet the financial needs of individuals and businesses by offering innovative financial tools and services. Al Manar focuses on retaining its customers and increasing its market share through the development of unique financial solutions. Their main activities include consumer financing, leasing products, arranging group financing operations, providing finance for consumer commodities through Islamic contracts, and investing in real estate and various economic sectors. Al Manar also represents or owns local or foreign companies with similar activities.

Headquarters
Al Qiblah, Behind Al Watya Complex, Abu Baker Street, Al Bahar Tower, 9Th Floor, P.O. Box 22828, Safat 13089
Kuwait City; Al-Asimah / Capital Governorate;

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Website: http://www.almanar.com.kw

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2003
Key Executives
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Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Chief Executive Officer
Ownership Details
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Subsidiaries
Al- Manar Watania For Administrative Consulting Company (Hamadabdullah Madoh And Partner W.L.L.)
100%
Al-Manar Express For Marketing (Abdullah Saoud Al Bader And Partner W.L.L.)
100%
Manarat Tasaheel Real Estate Company (Hamad Abdullah Ahmed And Partner W.L.L.)
100%
Company Performance
Financial values in the chart are available after Al Manar Financing And Leasing Company K.S.C.(Closed) report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency KWD. Absolute financial data is included in the purchased report.
Net interest income
24.78%
Operating profit (EBIT)
45.5%
Net Profit (Loss) for the Period
20.17%
Total assets
25.23%
Total equity
14.8%
Total Assets Trend
12.96%
Net Interest Income Trend
N/A

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