First Investment Company

Investment oversight is led by the Board of Directors under Chairman Bader Mohammed Al-Qattan. The firm's executive management team handles day-to-day advisory and asset management activities, with a Shari'a Board ensuring compliance with Islamic principles across all investment decisions.

First Investment Company is a Kuwaiti public shareholding company listed on the Kuwait Stock Exchange since 2001. It operates as a regulated asset manager with KWD 44.6 million in paid-up capital, not as a family office.

FIC engages primarily in direct holdings across listed equities, real estate, and co-investment consortia. Its stake in Boursa Kuwait was assembled through a direct consortium structure alongside National Investments Company and Arzan Financial Group, not through fund commitments.

As a Sharia-compliant firm, FIC excludes sectors such as conventional financial services involving interest, alcohol, gambling, and other activities prohibited under Islamic law. The firm's Shari'a Board reviews all investments to ensure ongoing compliance.

Kuwait Finance House has served as a historical financing and debt restructuring partner to FIC, based on prior business dealings. The relationship is operational and advisory rather than one of common ownership.

FIC is connected to the Kuwait Foundation for the Advancement of Sciences as part of its broader institutional affiliations. Details on the specific separation or governance of philanthropic activities are not publicly disclosed beyond this institutional link.

The firm uses co-investment structures for significant domestic assets — its Boursa Kuwait stake involved partnerships with National Investments Company and Arzan Financial Group. This suggests a willingness to align with local institutional peers on strategic infrastructure holdings.