History

1981 – Incorporation of AlShall Economic Consultants (AEC)
Mr. Al Sadoun incorporated AlShall Economic Consultants, which specialized in offering financial and economic consulting services.

1982- Al-Manakh Crisis
AlShall was able to steer away from the Manakh Crisis “market crash”, through its prudent strategies and asset allocation.

1984- First Major Client Engagement
Kuwait Investment Authority (KIA), the investment arm of Kuwait’s government, commissioned AEC to offer valuation services to companies hit by the Al-Manakh crisis.

1984 – AlShall Index
AlShall launched the first KSE Value Index. It is the oldest value index in Kuwait.

1991 – AlShall Weekly Report
After the liberation of Kuwait, AlShall issued its temporary economic report which soon became noted for its comprehensive insightful content. The report is still issued on a weekly basis in English and Arabic.

1994- First Private Placement Services
AlShall started providing private placement services; accordingly, it incorporated AlDar Investment Company, the first Shariah compliant investment and finance company in Kuwait.

1996- Milestone Announcement
AlShall announced its plan to evolve into a shareholding company listed on the Kuwait Stock Exchange (KSE) by the end of 2000 or 2001.

2001- Acquisition of AFC
AlShall acquired a majority stake of Arab Financial Consultants Co. (AFC), a listed Kuwaiti shareholding company incorporated in 1974 with a net equity around KD 2.4 million. AlShall restructured AFC that became known as AlShall Consulting & Investment Co.

2003- AlShall in Qatar
AlShall Economic Services, Qatar was incorporated, an expansion into a regionally growing economy. This company offers same services as AlShall’s and is fully supported by the mother company.

2005- Investment License Sold
The license of AlShall Consulting & Investment was sold excluding assets, commercial name, and employees. AlShall activities nevertheless continued as AEC.

2005- Incorporation of AlShall Investment Company
AlShall Investment Company (AIC) was incorporated, with a paid up capital of KD 15 million.

2007- AlShall Sudan
AlShall Sudan was established in anticipation of upcoming investment opportunities, and consulting and investment banking services in an expected economy.

2008 – Incorporation of AlShall Real Estate Company
AlShall Real estate Company was incorporated with an authorized capital of KD 20 million and a paid up capital of KD 6 million, with the aim of pooling under its umbrella all of AlShall’s real estate investments.

2008- AlShall Morocco
AlShall Morocco was established to extend consulting and investment management services in North Africa to AlShall’s client base.

2016 -Alshall Investment Co.
Alshall Investment Co. became Alshall Investment Holding Group Co.