Al Soor Financing & Leasing Co. KSCC is a Joint Venture Company, operating under the supervision of the Central Bank of Kuwait, in which Al Mulla Group holds a sizeable investment, and which it manages completely under the terms of the shareholders' agreement.
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Al Soor Financng & Leasing Co. KSCC has a Paid Up Capital of KD 50 Million, and was one the handful of Finance & Investment Companies to continue to be profitable even during the global economic slump of 2009 and 2010 , primarily due to its conservative financing norms, and its firm recovery policy.
Al Soor Financing & Leasing Co, KSCC offers its individual customers Loans for purchase of New and Used vehicles, and Loans for purchase of other tangible assets. For its Corporate customers the Company offers in addition to vanilla Loan and Guarantee products, customized solutions for their financing needs.
Many small and medium scale businesses rely on the Company for financing their needs, including turnkey financing for Government projects.
Al Soor Financing & Leasing Co. KSCC has a wholly owned subsidiary, Al Mulla International Finance Company KSCC (AMIFC). AMIFC completed the conversion to a full fledge Islamic Financing Company and received the approval by the Central Bank of Kuwait to provide Shariaa compliant financing products in December 2013. This combination of offering customers both conventional (Soor) as well as Islamic (AMIFC) financing products is unique in the Gulf and allows customers the rare flexibility of choosing their preferred mode of finance all under one roof.