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 Exchange
in 1999. In 2006, Investment Dar listed USD150 million Sukuk on the
Dubai International Financial Centre (DIFX)Dubai International Financial Centre (DIFX)
.
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 Company
(an Investment Dar sister company) and David Richards (a UK automotive entrepreneur), Investment Dar's share amounted to 50% of Aston Martin.