MADAR Company Description

Al Madar Kuwait Holding Company K.S.C.P. engages in the real estate business in Kuwait. It operates through Real Estate, Investment, and Corporate Finance segments.

The company engages in the buying, selling, capital appreciation, and investing in real estate; and providing finance to companies by using the various Islamic financing instruments, such as Murabaha, Wakala, future sales, and other contracts, as well as invests in equity securities.

It also manages the investment portfolios; invests in money on behalf of others; purchases and invests in, and leases various types of investment equipment; and conducts real estate investments.

In addition, the company is involved in the ownership, sale, and lease of equity, rights of utility, patent, registered brands, and franchise rights; and operates as investment consultant.

Further, it provides general trading, contracting, and construction services; asset management services for equities and real estate; advisory and consultancy services to conventional financial institutions; research services; real estate development; and investment banking services.

The company was formerly known as Al Madar Finance and Investment Company K.S.C.P. and changed its name to Al Madar Kuwait Holding Company K.S.C.P.

in March 2024. The company was founded in 1998 and is based in Kuwait City, Kuwait.

Al Madar Kuwait Holding Company K.S.C.P. is a subsidiary of Al Thekair General Trading and Contracting Company W.L.L.

Al Madar Kuwait Holding Company K.S.C.P.

Country	Kuwait
Founded	1998
Industry	Operators of Nonresidential Buildings
CEO	Ahmad Al-Bahar

Contact Details

Address: Al-Salam Tower Kuwait City Kuwait
Phone	965 2206 1000
Website	almadar-fi.com

Stock Details

Ticker Symbol	MADAR
Exchange	Kuwait Stock Exchange
Fiscal Year	January - December
Reporting Currency	KWD
SIC Code	6512

Key Executives

Name	Position
Ahmad Al-Bahar	Chief Executive Officer
Mohamed Olim	Chief Financial Officer