June 28, 2026
Category : Events
KFIC Finance General Assembly for 2025
KFIC Finance Reports KD 2.6 Million in Revenue for 2025
• Studying a Capital Increase and Conversion to Shariah-Compliant Operations
• Exploring a Future Stock Exchange Listing Subject to a Feasibility Study
• Plans to Expand Market Share Through New Products and Services
KFIC Finance held its Annual General Meeting (AGM) for the financial year ended December 31, 2025, during which shareholders approved the Company's financial statements, the Board of Directors' report, and the External Auditor's report.
The General Assembly also approved the distribution of cash dividends amounting to **KD 300,000** to shareholders for the fiscal year 2025.
The Company announced that it intends to study a capital increase to strengthen its financial position, support operational and expansion activities, and enhance its competitiveness, ultimately contributing to increasing its market share.
As part of the Board of Directors' strategy to explore new growth opportunities and respond to evolving market demand, the Company also plans to complete the necessary procedures to convert its operations to comply with the principles of Islamic Sharia, subject to obtaining all required regulatory approvals. Concurrently, the Company will examine the possibility of listing its shares on the Kuwait Stock Exchange in the future, subject to regulatory requirements and approvals.
KFIC Finance further revealed that its Board of Directors has developed several strategic initiatives and long- and medium-term business plans aimed at supporting sustainable growth and creating greater value for shareholders.
Operational Developments
As part of its ongoing strategy to enhance operational efficiency and achieve sustainable growth, the Company restructured its executive management during 2025, empowering experienced national financial professionals to lead the organization and strengthen its ability to adapt to developments in the financial sector.
The newly appointed executive management implemented several initiatives to improve the work environment, enhance employee capabilities, and elevate service quality by attracting specialized talent and investing in advanced training programs. These initiatives have contributed positively to the Company's overall performance.
Management also reviewed and updated the Company's lending policies to better align with market requirements while maintaining balanced risk levels, resulting in an improvement in the quality of the financing portfolio. In addition, a comprehensive strategy was introduced to recover non-performing debts through cooperation with strategic partners both within Kuwait and internationally, with positive results expected in the coming periods.
On the technology front, the Company adopted a digital transformation strategy and upgraded its operational systems, including the enhancement of loan management platforms to support business expansion and deliver innovative financial solutions. The Company also aims to increase its market share by focusing on creditworthy customers and introducing new financial products and services, while maintaining an optimal balance between growth, financial efficiency, and returns exceeding the cost of capital.
Strong Financial Performance
KFIC Finance continued to deliver strong financial performance during 2025, recording total revenues of approximately KD 2.6 million, supported by diversified income streams from financing activities, non-financing income, management fees, and advisory services.
Revenue from financing activities reached approximately KD 965 thousand, while non-financing income totaled approximately KD 918 thousand, in addition to income generated from other activities, including the recovery of previously written-off debts.
The Company achieved a net profit of KD 524 thousand for 2025, compared to KD 57 thousand in 2024, reflecting a significant improvement in profitability and operational efficiency.
The financial results also demonstrate the Company's success in strengthening operating revenues and improving asset quality, with debt collection and recovery strategies contributing to stronger financial performance and reducing provisioning pressures.
The Company also reported notable growth in total assets, which reached approximately KD 27.7 million as of December 31, 2025, driven primarily by the expansion of its financing portfolio measured at fair value and amortized cost, as well as increased cash balances.
The total financing portfolio amounted to approximately KD 18.4 million, reflecting continued growth in financing activities. Cash and cash equivalents increased to approximately KD 6.7 million, reinforcing the Company's liquidity position and financial flexibility.
Total liabilities stood at approximately KD 10.1 million, while shareholders' equity reached approximately KD 17.5 million, supported by the year's profits and accumulated reserves. These figures reflect the Company's strong financial position and relatively low leverage compared to its asset base.
Financial Indicators and Dividend Distribution
As of the end of 2025, the Company's financial indicators reflected a solid liquidity position and strong capital adequacy, providing a robust foundation to support future expansion plans.
Accordingly, the Board of Directors recommended the distribution of cash dividends totaling KD 300 thousand for the financial year ended December 31, 2025.
The Company's performance during 2025 demonstrates the success of its new executive strategy in delivering meaningful profit growth, enhancing asset quality, diversifying revenue sources, and maintaining a strong financial position with high liquidity levels, placing KFIC Finance in an excellent position to achieve further growth and expansion in the years ahead.
