Investment Dar Company - Sharq 1

Al Raya Complex,31st Floor,Sharq, Capital Governorate,Kuwait.

  • +965 22324001
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The Investment Dar Company (TID) was established in 1994 and started actual operations a year later as one of the first shareholding companies in the Gulf Cooperation Council (GCC) specialized in consumer Islamic finance.Being listed in Kuwait Stock Exchange market (KSE) since 1999, TID established several new companies and acquired many others. The company\'s diversified activities include project management, asset management, banking, money collection, Takaful (Islamic insurance), real estate, construction, logistic transportation and manufacturing.In 2007, the company led a consortium of local and international investors purchasing the majority shares of the British prestigious cars producing company of Aston Martin from Ford Motor. One year earlier, TID made the second largest Islamic finance deal in the UK history when it acquired one of London\'s most historic buildings, Grosvenor House Apartments.The financial crisis that hit global markets during 2008 negatively influenced the regional markets and the company eventually. TID is overcoming the crisis by preparing to implement a restructuring plan in light of the Financial Stability Law (FSL) issued by the State after the crisis. TID’s restructuring plan gained the approval of more than 80% of the creditors. By June 2011, TID became officially under the protection of FSL, and is currently carrying out its restructuring plan.

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