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Sun, 08 Nov 2009 | 15:03 GMT

The Investment Dar Company   (TID.KSE)
Also known as: Dar Al Istithmar, Investment Dar , TID
Last Trade
0.074 KWD
- 5.13%
 
 
 
 
 
 
 
 
 
 
 
 
Company Updated: Mar 07, 2008
 
Joint Stock
 
 
Invests in real estate, financial services, agricultural, manufacturing, trading and contracting sectors in accordance with Islamic principles.
1994 (October)
400 (As of Feb 03, 2009)
 
TID 
Ordinary 
KWD 
 
 Key Officers
Adnan Abdulkader Al Musallam
Chairman and Managing Director and Chief Executive Officer
Mike Grant
Chief Restructuring Officer
 
 Contact Details
Address:
Kuwait Reinsurance Tower
Al Shuhada Street
Al Sharq Area
P.O. Box 5963
Kuwait Safat 13060
Kuwait
 
+965 180-7666
+965 180-7888
 
+965 2241-8055
+965 2242-3030
 
contact@inv-dar.com
info@inv-dar.com
 
www.inv-dar.com
 
www.adnrec.com
www.waredco.com
www.adamco.com
www.parklaneproperties.com
www.astonmartin.com
www.rasameel.com

 
  Latest Headline
Kuwait Gulf Bk 3Q $147M Op Pft On Provisions,Sees More - Zawya Dow Jones News
 
  Sukuk Details
Sukuk Name: The Investment Dar Sukuk
Type of Structure: Musharaka
Issue Size (mil): USD  100.00
Oversubscription: 1 x
» View Sukuk Profile & Prices
Sukuk Name: TID Global Sukuk I Limited
Type of Structure: Musharaka
Issue Size (mil): USD  150.00
» View Sukuk Profile & Prices
 
  Business Overview
Investment Dar is an investment and financial services company that operates within Islamic Sharia principles. Investment Dar owns a group of companies that operate in various industries including financial services, investment, real estate, insurance, logistics, credit rating and collection, research and consultancy, automotive, and other industries.

Investment Dar has evolved through three main phases that saw it grow from a local operation in 1994 into an international group of companies by the end of 2006. Investment Dar started off with services in consumer financing. It shifted into its second phase by developing its real estate investments and diversifying its products. The company eventually shifted into its third phase of growth as underwent restructuring by transforming all of its investments into independent entities, acquired new companies, and listed its shares on the Kuwait Stock ExchangeKuwait Stock ExchangeLoading... in 1999. In 2006, Investment Dar listed USD150 million Sukuk on the Dubai International Financial Centre (DIFX)Dubai International Financial Centre (DIFX)Loading....

Investment Dar's goal during its third growth phase, which extends from 2004 to 2008, includes plans to continue regional growth and pursue international expansion. The company plans to become a global investment player by diversifying its holdings geographically and into different sectors. The company also plans to participate in governmental infrastructure projects B.O.T. (Built-Operate-Transfer) projects.

In March 2007, Investment Dar made news when it announced plans to acquire Aston Martin from Ford Motor Company. As part of a consortium that included the Adeem Investment CompanyAdeem Investment CompanyLoading... (an Investment Dar sister company) and David Richards (a UK automotive entrepreneur), Investment Dar's share amounted to 50% of Aston Martin.
 
 
 Major Shareholders
This Requires Subscription
 Available to subscribers only. Information in this section includes Shareholder Names and their corresponding Holding Percentages. » More Details
 
  Organization Structure and Related Entities 
Subsidiaries/Associates/Affiliates
 
Name  Country  Holding
Al Araka for Real Estate Management Company Kuwait 100.00%
Al Dar Asset Management Company Kuwait 100.00%
Al Dar Holding Kuwait 100.00%
Al Dar International Fund Collection Company Kuwait 100.00%
Al Dar Regional for Trading and Construction Works Company Kuwait 100.00%
Al Dar Vehicles International Company Kuwait 100.00%
Al Dar for Store Servicing Company Kuwait 100.00%
Al Mulkeya Holding Company Kuwait 100.00%
Al Nahda Global Real Estate Company Kuwait 100.00%
Al Raya Kuwait Real Estate Company Kuwait 100.00%
Ancient Heritage for General Trading and Contracting Company Kuwait 100.00%
First Dar Health Company Kuwait 100.00%
Kuwait Storing Company Kuwait 100.00%
Manafea Real Estate Company Kuwait 100.00%
Mashaer General Trading and Contracting Company Kuwait 100.00%
Premium Choice for General Trading and Contracting Company Kuwait 100.00%
Premium Opportunities for General Trading and Contracting Company Kuwait 100.00%
The Developing Intellect for General Trading and Construction Company Kuwait 100.00%
The Ingenuity intellect for General Trading and Construction Company Kuwait 100.00%
Wared Lease and Finance Company Kuwait 100.00%
Saudi Kuwaiti Joint Company Saudi Arabia 74.00%
Credit Rating and Collection Company Kuwait 73.70%
Wethaq Takaful Insurance Company Kuwait 67.93%
Saudi Joint Company Saudi Arabia 63.75%
Al Shomokh Al Arabi General Trading and Contracting Company Kuwait 62.00%
Dar Al Thoraya Real Estate Company Kuwait 62.00%
Aston Martin Investments United Kingdom 51.00%
International Education Services Company Kuwait 51.00%
Al Dar International for Studies and Consultancy Company Kuwait 50.00%
Brand Integrated Marketing Communication Advertising Company Kuwait 42.86%
Bahrain Islamic Bank Bahrain 39.95%
Ewaa Real Estate Company Kuwait 38.00%
Grosvenor House West Marina Beach Apartments [via Park Lane Properties] United Kingdom 38.00%
Park Lane Properties United Kingdom 38.00%
Al Bilad Real Estate Company Kuwait 32.50%
Investment Dar Bank Bahrain 31.00%
Al Dar National Real Estate Company [20.28% directly and 5.71% via Al Dar Holding] Kuwait 25.99%
Manazel Holding Company Kuwait 25.55%
Khabary Holding Company Kuwait 22.80%
Proman Project Management Kuwait -
Rehal Logistics Company Kuwait -
Investments
 
Name  Country  Holding
Safwan Trading and Contracting Company Kuwait 19.72%
Oqyana Real Estate Company Kuwait 19.70%
Stehwaz Holding Company Kuwait 17.80%
Cham Bank Syria 12.50%
Kuwait Asia Holding Company Kuwait -
Related Organizations
 
Name  Country  Holding
Accounting and Auditing Organization for Islamic Financial Institutions Bahrain -
 
 
  Representatives
Auditors
KPMG Middle East and South Asia
PriceWaterhouseCoopers
Banks
National Bank of Kuwait
Gulf Bank
Law Firms
 
Meshari Al Ghazali and Partners
 
 
 Summary Financials
This Requires Subscription
 Available to subscribers only. Information in this section includes key financials data such as Total Revenues, Net Profits, Totals Assets, Shareholder Equity, etc. » More Details
 
Company information provided by © 2009 ABQ Zawya Ltd.
 
 
    
 
 
 
 
 

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