Kuwait Finance & Investment Company (KFIC) is a Kuwaiti shareholding company incorporated under the Commercial Company Law No. 15 of 1960 and amendments thereto (C.R.80279). The company is registered with the Central Bank of Kuwait as an Investment Company with a license to conduct both Finance & Investment Services. KFIC is listed on the Kuwaiti stock exchange. KFIC was incorporated on March 27 th 2000 under the name Kuwait Financing Services Company with a license to conduct Financing services only. During 2003, KFIC underwent a change in ownership structure and business strategy aiming to provide investment services to augment its flourishing Financing Services. This objective was realized in April 19 th 2004 when its application to add Investment services was approved by the central Bank of Kuwait .