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Profile

Al Mulla International Finance Company K.S.C.C (AMIFC) is a pioneering Finance Company operating in Kuwait. The Company was established in 1979 as wholly owned subsidiary of Almulla Group to serve as a finance arm for its Automotive Division, thru the years AMIFC have developed and expanded its operation to encompass financing consumers of other Automotive dealers and consumers of other sectors in the market, AMIFIC was also active in financing small to medium corporate in all fields. In 2006, AMIFC became a wholly owned subsidiary of Al Soor Financing Company K.S.C.C promoted by Global Investment House, along with some banks and reputed business houses. However Al Mulla Group remained as a major shareholder thru its ownership of a substantial share in (Al Soor) the new parent company of AMIFC. AMFIC became the first full fledge Islamic Finance company registered under The Central Bank of Kuwait (CBK) in December 2013, currently AMIFC has matured drastically in terms of providing Islamic Financing solutions to Individuals and businesses fully compliant with Central Bank of Kuwait Regulations and in conformity with Islamic Sharia’a principles. Since its establishment over 35 years ago AMIFC has built a great reputation with its customers, shareholders, and stakeholders as a stable and well trusted institution, due to its conservative financing norms, thorough analysis and understanding of customers’ needs, and its firm rules & policies.

Company line of business: AMIFC is Islamic finance company extending Sharia’a compliant Finance granted to customers wishing to cover any of their personal expenses ranging from medical, educational expenses, and consumable goods (i.e. used and new cars, boats, appliances, furniture…) to real estate purchase or refurbishment. AMIFC also extends Commercial Finance (Tawaruq) and Asset based Finance to individuals, small and medium businesses and to renowned large corporations including turnkey project financing for Government projects.