Al-Safwa Group Holding Co. was established in 1966 as a limited liability company with a paid up capital of 5 million Kuwaiti Dinars. The company was then transformed to a closed shareholder company in 1999. In late 2005, the company’s capital was increased to 100 Million Kuwaiti Dinar and renamed Al-Safwa Group Holding Co, which is now listed on the Kuwait Stock Exchange.

The Purposes which the company is incorporated and which it conducts its activities, according to Islamic Sharia Laws, are as follows:

1. Owning shares of Kuwaiti or foreign shareholding and limited liabilities companies as well as participating in forming, administering, financing, and proving third party guarantees for these companies.
2.  Financing companies owned or guaranteeing them against third  parties provided that the percentage of ownership exceeds 20%.
3. Owning industrial rights for patents, trade names, designs and leasing the same to other companies for their use inside or outside Kuwait.
4. Owning movable and real estate properties that are necessary to practice its activities in accordance with the law.
5. Investing surplus funds in portfolios managed by specialized companies.