28/12/2020
Disclosure of material information Risk Management Officer

Amar Finance and Leasing Company announces that Mrs. Hanan Abdul Karim Al Mansour will be appointed as Risk Management Officer, starting January 04, 2021
The registration of Mr. Hisham Bader Al-Zayed from the position of Risk Management Officer will also be canceled, effective January 04, 2021

09/12/2020

Results of Amar Board Meeting

The Board of Directors (BOD) meeting no. 06/2020 was held on 09/12/2020 where the Budget and strategy for the year 2021 was approved.

06/12/2020

Amar Board of Directors Meets on 09 Dec. 2020

Amar Finance & Leasing Company Board of Directors will hold its meeting on Wednesday 09/12/2020 at 1:00 pm to discuss and approve its Budget and strategy for the year 2021

16/11/2020

Resignation of sharia board member

Mr. Issa Zaki Shakra submitted his resignation from Amar Finance and Leasing Company Sharia Board effective 16th February 2020

04/11/2020 

Amar Board meeting Results

Amar Finance and Leasing Company's Board of Directors Meeting was held on Wednesday 04 November 2020 at 1:00 pm. The Board approved the financial statements for the period ended 30 September 2020.

01/11/2020

Amar Board of Directors Meets on  31  Oct  2020

 The Board of Directors of Amar Finance & Leasing Company will hold its meeting on Wednesday 04 November 2020 at 1:00 pm to discuss and approve its interim financial statement for the Third quarter ended 30/09/2020.

12/10/2020
Insiders Disclosures

Mr. Abdel Fattah Mohamed Rafea Marafie - Member of the Company's Board of Directors transferred ownership of 990,000 shares

16/09/2020
Complementary disclosure regarding the lawsuit

The judgment was passed accepting the defendant’s objection (Amar finance and leasing Company), canceling the opposing judgment and acquitting the defendant in the two lawsuits No. 10323/2017 misdemeanor – 3 and 2351/2019 misdemeanor – 4

08/09/2020
Complementary disclosure regarding the lawsuit

Rejection of the appeal in case No.4135, 4186/2015  commercial/13 pertaining to Amar Finance and Leasing Company's claim for the value of the property proceeds

10/08/2020
Results of Amar Board Meeting

The Board of Directors (BOD) meeting no. 03/2020 was held on 10/08/2020 where the financial statement for the period ending June 30, 2020 was approved and the decision for reducing the company's capital was postponed until the end of 2020.

10/08/2020
Results of Amar Board Meeting

The Board of Directors (BOD) meeting no. 03/2020 was held on 10/08/2020 where the financial statement for the period ending on March 31, 2020 was approved.

06/08/2020
Amar Board of Directors Meets on 10 August. 2020

Amar Finance & Leasing Company Board of Directors will hold its meeting on Monday 10/08/2020 at 1:00 pm to discuss and approve its financial statements for the periods ending on March 31, 2020 and June 30, 2020 in addition to discussing the reduction of the Company’s Capital.

25/03/2020
Result of the Amar Board Meeting

The Board of Directors (BOD) meeting no. 02/2020 was held today Wednesday, March 25, 2020 at 1:00 PM, where the following decisions were made:

1)Restructuring the board of directors as follows:

2)Re-appointment of Mr. / Mohammad Essam Faidi as Secretary of the Board Directors

23/03/2020
Board of Directors’ Meeting

Amar Finance & Leasing Company Board of Directors will hold its meeting on Wednesday, March 25, 2020 at 1:00 PM to form the Board of Directors for its new session.

18/03/2020
Results of the AGM

The ordinary general meeting of Amar Finance and Leasing was held today, Wednesday, March 18, 2020, at 10:00 AM at 10:00 am at Al-Ahlia Insurance Company meeting room, 2nd Floor, Ahmed Al Jaber Street, Sharq Area, Kuwait City. All agenda articles were approved during the meeting and the following names were elected as members of Amar Board of Directors for the next three years from 2020 to 2022: -
Mr.Abdulla Rashid Salim Bou-Qammaz - representative of Abdullah Al-Saad and Partners Company
Mr.Abdulfatah Mohamed Rafie Marafi - Representative of Commercial Real Estate Company Mr. Hamad Muhammad Al-Saad
Mr. Talal Sultan Al-Shehab.
Mr. Khaled Abdulaziz Abdullah Al-Ghanem.
Mr. / Anwar Ahmed Abdullah Al-Huneidi.
Mr. Ayman Muhammad Abdullah Al-Nassar – first Reserve member
Mr. / Ibrahim Ismail Mohamed Al-Kandari - second reserve member.

17/03/2020

Disclosure of Material Information - Closure of shopping center
Amar Finance and Leasing Company announces the closure of the shopping centers located in lulu Al-Watan Complex, which is owned by one of Amar subsidiaries (lulu Al-Watan Real Estate Company), temporarily until further notice. 

02/03/2020

Amar Zakat 2019

Al-Mashoora and Al-Raya for Islamic Financial Consulting – the shariah advisory board for Amar Finance and Leasing Company – declared that the zakat due on Amar shares as at 31 December 2019 is 0.00095 Kuwaiti Dinar/ share.

01/03/2020

Amar General Assembly Meeting

The annual general assembly meeting for Amar finance and Leasing Company (AGM) has been set for the Wednesday, 18 March 2020, at 10:00 am at Ahlia Insurance Company meeting room, 2nd floor, Ahmed Al Jaber Street, Sharq Area, Kuwait City. 

09/02/2020 

Amar Board of Directors Meets on 12 Feb 2020
Amar Finance & Leasing Company Board of Directors will hold its meeting on Wednesday 12/02/2020 at 1:30 pm to discuss and approve its financial statement for the period ending on December 31, 2019.

13/12/2020
Results of Amar Board Meeting
The Board of Directors (BOD) meeting no. 01/2020 was held on 12/02/2020 where :-
- The financial statements for the period ended December 31, 2019 was approved.
- The proposal for reducing the capital to extinguish losses was discussed, and consequently, a recommendation was issued to submit the proposal to the extraordinary general assembly meeting for approval.

14/01/2020 
Complementary Disclosure
Further to the previous disclosure dated 08 December 2019 regarding settlement the debts of two of Amar Commercial Finance clients, Amar Finance and Leasing announces that a settlement contract was signed with one of the debtors and the settlement amount of KD 461,000 was received.

09/01/2020
Disclosure of Material Information
The opening of the nomination for the company board membership including Independent Board Member for the next three-year term, for a period of two weeks starting 2nd January, 2020.

05/08/2018
Complementary Disclosure
Further to the previous disclosure dated 08 December 2019 regarding settlement the debts of two of Amar Commercial Finance clients, Amar Finance and Leasing announces that a settlement contract was signed with one of the debtors and the settlement amount of KD 75,000 was received.

08/12/2019
Complementary disclosure
Further to our previous disclosure dated 05 December 2019 regarding the results of BOD meeting, kindly note that the total accumulated debt for the two clients subject to settlement amounts to approximately 1,300,000 Kuwaiti dinars.
The settlement procedures are being processed with the aforementioned clients, and will be disclosed upon signing the final settlements.

05/12/2019
Results of Amar Board Meeting
The Board of Directors (BOD) meeting no. 07/2019 was held on 05/12/2019. BOD agreed to settle the debts of two Commercial Finance clients.

03/12/2019
Board of Directors' Meeting
Amar Finance & Leasing Company Board of Directors will hold its meeting on Thursday 05/12/2019 to discuss settlement of some Commercial Finance clients’ debts.


27/11/2019
Results of Amar Board Meeting
The Board of Directors (BOD) meeting no. 06/2019 was held on 27/11/2019 where: -
- Estimated budget and work plan for 2020 was approved.
- The proposal to reduce the capital was rejected at the present time.

24/11/2019
Board of Directors' Meeting
Amar Finance & Leasing Company Board of Directors will hold its meeting on Wednesday 24/11/2019 to discuss and approve the following points: -
- Estimated budget and work plan for 2020
- Decrease of capital

31/10/2019

Amar Board meeting Results 
Amar Finance and Leasing Company's Board of Directors Meeting was held on Thursday 31 October 2019 at 1:00 pm. The Board approved the financial statements for the period ended 30 September 2019. 

27/10/2019

Amar Board of Directors Meets on 31 Oct 2019
The Board of Directors of Amar Finance & Leasing Company will hold its meeting on Thursday 31 October 2019 at 1:00 pm to discuss and approve its interim financial statement for the Third quarter ended 30/09/2019.

29/08/2019 

Complementary disclosure 
Case No. 2351/2019 Municipal Misdemeanors - 4 has been joined to the previous case no. 10232/2017 Municipal Misdemeanors - 3, and was transferred to Experts Department. 

07/08/2019

Second Quarter Interim Financial Statement
The Second Quarter Interim Financial Statement for Amar Finance and Leasing Company (Amar), has been approved by Amar Board of Director in board meeting no. 4/2019 dated 07th August, 2019.

05/08/2019 

Board of Directors' Meeting 
Amar Finance & Leasing Company Board of Directors will hold its meeting on Wednesday 07/08/2019. 

15/07/2019 

Disclosure of material information 
Mr. Abdulrahman Mohammad Albelqasi is appointed to perform the duties of Sharia Audit Officer 

16/06/2019   

Results of the AGM  
The Annual General Assembly Meeting of Amar Finance and Leasing Company for the fiscal year ended 31/12/2018 was held on Thursday, 13 June 2019, at 10:00 am at Al-Ahlia Insurance Company meeting room, 2nd Floor, Ahmed Al Jaber Street, Sharq Area, Kuwait City. All agenda articles were approved during the meeting except the article of voluntary withdrawal from Boursa Kuwait 

29/05/2019 

Amar General Assembly will be held on 13 June 2019 
The meeting for Amar Finance and Leasing Company Annual General Assembly (AGM) has been set for Thursday, 13 June 2019, at 10:00 am at Al-Ahlia Insurance Company meeting room, 2nd Floor, Ahmed Al Jaber Street, Sharq Area, Kuwait City.

14/05/2019 

Amar Board meeting Results

Amar Finance and Leasing Company's Board of Directors Meeting was held on Monday 13 May 2019 at 1:30 pm. The Board approved the financial statements for the period ended 31 March 2019 and agreed to raise the recommendation of maintaining the company’s financing activity to the Extraordinary General Meeting.

08/05/2019

Amar Board of Directors Meets on 13 May 2019

 The Board of Directors of Amar Finance & Leasing Company will hold its meeting on Monday 13 May 2019 at 1:30 pm to discuss and approve its interim financial statement for the First quarter ended 31/03/2019 and the change of company's activity.

14/03/2019

Amar Board Meeting Results

The Board of Directors (BOD) meeting no. 02/2019 was held on 14/03/2019 in which the proposal of voluntary withdrawal from Boursa Kuwait was approved.

11/03/2019 

Board of Directors' Meeting
Amar Finance & Leasing Company Board of Directors will hold its meeting on Thursday 14/3/2019 to discuss the proposal of voluntary withdrawal from the stock market

10/03/2019

Results of Amar Board Meeting
The Board of Directors (BOD) meeting no. 01/2019 was held on 07/03/2019. The following articles were approved:
• Financial statements for the period ended 31 December 2018.
• Recommendation to change the legal structure of the company to a holding company.
• Invitation to convene the ordinary and Extraordinary General Assembly meetings.

04/03/2019

Board of Directors' Meeting
Amar Finance & Leasing Company Board of Directors will hold its meeting on Thursday 07/03/2019.

20/02/2019

Disclosure of important information
The company's headquarters is moved from the Ground Floor to the Mezzanine Floor in the same previous address “Kuwait City - Sharq - Ahmed Al Jaber Street - Al-Bdour Tower.


10/01/2019

Disclosure of important information

Resignation of Mr. Omar Mohamed Fouda - Broker Not-Registered in the Exchange. His last working day shall be Sunday, March 24, 2019. 

Resignation of Mr. Mohamed Saleem Rifai - Sharia Audit Officer. His last working day shall be Thursday 21 March 2019.

30/09/2018

Disclosure of important information
Termination of Securities Activities
License for the following two securities activities has been terminated following Amar desire not to renew: -
• Investment Advisor
• Investment Portfolio Manager

2018

04/12/2018 

Corrective disclosure 
The accused shall be fined ten thousand dinars for each meter contrary to the order to remove the violations 

02/12/2018 

Disclosure of claims and judgments 
The CEO of Amar Finance and Leasing Company was in violation of the municipality's fines 

28/11/2018 

Complementary disclosure 
Further to our previous disclosure lawsuit No.537538/2015 on 25 January 2018, Please note that the report was booked on 26 December 2018. 

12/11/2018 

Third quarter interim financial Statement 
The third quarter interim financial Statement for Amar Finance and Leasing (Amar), has been approved by Board of Director in board meeting no. 07/2018 dated 12th November, 2018. 

08/11/2018 

Board of Directors' Meeting 
Amar Finance & Leasing Company Board of Directors will hold its meeting on Monday 12/11/2017 to approve its interim financial statements for the third quarter of 2018. 

30/09/2018 

Results of the board meeting of Amar Company 
The Board of Directors (BOD) meeting no. 06/2018 was held on 30/09/2018 as it was recommended to transfer the Company's activity to a holding company. 

26/09/2018 

Board of Directors' Meeting 
Amar Finance & Leasing Company Board of Directors will hold its meeting on Sunday 30/09/2018 to discuss the future of the company. 

05/08/2018

Amar Board meeting Results 
Amar Board of Directors was held on Sunday 08th August, 2018 and approved the interim financial Statement for the period ending 30/06/2018. 

05/08/2018

Second quarter interim financial Statement
The second quarter interim financial Statement for Amar Finance and Leasing (Amar), has been approved by Board of Director in board meeting no. 4/2018 dated 05th August, 2018. 

31/07/2018 

Board of Directors' Meeting 
Amar Finance & Leasing Company Board of Directors will hold its meeting on Sunday 05/08/2018 to approve its interim financial statements for the second quarter of 2018. 

07/06/2018 

Disclosure of important information 
Nomination and End of services of the following staff members who were registered persons: 
End Services of Mr. Mohammad Omar Jasser - Sharia Audit Officer 
Nomination of Mr. Mohammad Saleem alrefaie - Sharia Audit Officer 

Amar Board of Directors Meets on 16 May 2018 

The Board of Directors of Amar Finance & Leasing Company will hold its meeting on Wednesday 16 May 2018 at 1:00 PM to approve its interim financial statement for the First quarter ended 30/03/2018. 

16/05/2018

Amar Board meeting Results
Amar Board of Directors was held on Wednesday 16 May 2018 and approved the first quarter interim financial Statement for the period ending 30/3/2018.

07/06/2018

Disclosure of important information

End of the services of Mr. Mohamed Omar Jasser from the position of Sharia Audit
Officer on 04 June 2018 and appointment of Mr. Mohamed Salim Al Rifai for that position on the same date.
31/06/2018
Amar Board of Directors Meets on 05 August 2018
The Board of Directors of Amar Finance & Leasing Company will hold its meeting on Sunday 05 August 2018 at 1:00 PM to approve its interim financial statement for the Second quarter ended 30/06/2018. 

24/04/2018

Disclosure of Lawsuits and Judgments
The request for “a stay of execution” for the amount of KD 2,621,000 in respect of cases 762/2018 urgent1, 538,537 / 2015 - Civil Cassation / 3 was rejected. Judgment shall be implemented in favor of the other parties.

17/04/2018

Results of the AGM
The ordinary General Meeting of Amar Finance and Leasing Company for the fiscal year ended 31/12/2017 was held at 12:00 PM on Tuesday 17th April 2018 at main hall 3 in the Public Authority for Industry. All agenda article were approved during the meeting.

27/03/2018

AGM to be held on 17/04/2018
The AGM of Amar finance and leasing company for the fiscal year ended 31/12/2017 shall be held on Tuesday 17th April 2018 at 12:00 PM at the main hall 3 at Public Authority for Industry building. 

01/03/2018

Financial Statements Results

 The Board of Directors of Amar Finance and Leasing Company held its meeting on Thursday 01/03/2018 at which the following was discussed and approved:

• Approval of the financial statements for the period ended 31 December 2017.
• Recommendation not to distribute dividends for the financial year ended 31 December 2017.
• Approval of the company’s Annual General Meeting (AGM) agenda.

 25/01/2018

Supplementary Disclosure of essential information            

Further to the previous disclosure on 25 January 2018 in respect of lawsuit No. 538,537 / 2015, civil / 3 -Cassation for which a provision of KD 2,255,000 was allocated, please note that the issued judgment obliged the company to pay the amount of KD 2,621,000.

 25/01/2018

Disclosure of essential information

 Further to case No. 538,537 / 2015 civil / 3 appeal, we came to know that a judgment in favor of the other party was issued.

 18/01/2018

Supplementary Disclosure in respect of a lawsuit

 Further to the appeal judgment which obliged Amar Finance and Leasing Company with KD 2,255,000, and which was appealed to the Court of Cassation under No. 538,537 / 2015 Civil / 3,

The case is reserved for judgment on 24 January 2018. The related case No. 4186/2015 Commercial, pertaining to the claim for the value of renting the property subject of the case, will be viewed on 14/02/2018.

As for the relevant case No. 8636/2015 commercial, related to requesting an expert for the claim of the value of financing, which was rejected on 15/01/2018, however, the judgment will be appealed.

 27/12/2017

Temporary Suspension of Activity

 At the request of Amar Finance and Leasing Company, the Capital Market Authority approved the temporary suspension of the company’s Investment Adviser and Investment Portfolio Manager Activities.

 31/10/2017

The Board of Directors meets today

 Amar Board of Directors will meet today at 1:00 pm to discuss and approve the financial statements for the third quarter, 2017.

 26/10/2017

The Board of Directors meets on 31 October 2017

 Amar Board of Directors will meet on Tuesday, 31 October 2017 at 1:00 pm, to discuss and approve the financial statements for the third quarter, 2017.

 22/10/2017

Resignation of Financial Analyst

 Amar Financial Analyst has resigned. His last working shall be 27th October 2017.

02/10/2017

Amar General Assembly will be meet on 26 November 2017

 The Annual General Meeting (AGM) and Extraordinary General Meeting (EGM) of Amar Finance and Leasing Company will be held on Sunday, November 26, 2017, at 11:00 am at the main hall (2) - Public Authority for Industry.

02/10/2017

Supplementary Disclosure - property Sale completed

The ownership of the property located in Salmiya has been transferred for a total amount of KD 7,700,000. Amar will record a net profit of approximately KD 230,000 in the fourth quarter, 2017 financial statements

21/08/2017

Disclosure of Essential information

 Amar has allocated 1,451,123 of GFH Financial Group shares resulting from exchange of shares with GHF Financial Group based on its ownership in Morocco Gate Investment Company project and Mumbai Investment Company for Information and Communication Technology.

 As a result, the amount of KD 26.8 thousand will be recorded as profit during the third quarter of 2017.

21/08/2017 

Complementary Disclosure - Selling a property

Complementary Disclosure regarding selling the property in Salmiya, Salem Al Mubarak St. Block (49) Plot (17).

21/08/2017

Disclosure - Selling a property

Amar Finance & Leasing Company announces the sale of the property located in Salmiya - Salem Al Mubarak Street Block (49) Plot (17) with a total amount of KD 7,700,000 (Kuwaiti Dinars Seven Million Seven Hundred Thousand only).

 10/08/2017

End of Employee Services

Resignation of the Executive Vice President of the Investment and Corporate Planning Department who is a registered person.

 08/08/2017

Amar Board meeting Results

The second quarter interim financial Statement for Amar Finance and Leasing (Amar), has been approved by Board of Directors in Board Meeting no. 05/2017 dated 08th August, 2017.

06/08/2017

Amar Board of Directors meets on 08 August 2017

The Board of Directors of Amar Finance & Leasing Company will hold its meeting on Tuesday 08 August2017 at 1:00 PM to approve its interim financial statement for the second quarter ended 30/06/2017.

04/06/2017
Disclosure of Board of Directors Meeting

The Board of Directors of Amar Finance and Leasing Company held its fourth meeting for 2017 and the Board of Directors was formed as follows:

- Mr. Abdullah Rashid Salim Bou-Qammaz - Chairman
- Mr. Bashar Naser Al-Tuwaijri - Vice Chairman
- Mr. Abdul Fatah Mohamed-Rafie Marafi - Board Member
- Mr. Abdullah Ali Abdullah Alsane - Board Member
- Mr. Talal Sultan Ali AlShehab - Board Member
- Mr. Hamad Mohamed Al-Saad - CEO and Board Member
Mr. Mohammad Essam Faidi was also reappointed Board Secretary

31/05/2017
Board of Directors' Meeting
Amar Finance & Leasing Company Board of Directors will hold its meeting on Sunday 04/06/2017 to form the Board of Directors for its new session for the next three years 2017-2019.

30/05/2017
The results of the Ordinary General Meeting for the financial year ended 31/12/2016

The Ordinary General Assembly of Amar Finance and Leasing Company for the fiscal year ended 31/12/2016 was held on Monday 29 May 2017 at Main Hall 2 in the Public Authority for Industry.

29/05/2017
Annual General Meeting (AGM) will be held today
Reminder that the AGM of Amar Finance and Leasing Company will be held on Monday 29 May 2017 at 10:30 a.m.

16/05/2017
Amar Board meeting Results
The first quarter interim financial Statement for Amar Finance and Leasing (Amar), has been approved by Board of Director in board meeting no. 4/2017 dated 16th May, 2017.

16/05/2017
First quarter interim financial Statement
The first quarter interim financial Statement for Amar Finance and Leasing (Amar), has been approved by Board of Director in board meeting no. 4/2017 dated 16th May, 2017.

15/05/2017
Amar Board of Directors meets on 16 May 2017
The Board of Directors of Amar Finance & Leasing Company will hold its meeting on Tuesday 16 May 2017 at 1:00 pm to approve its interim financial statements for the first quarter ended 31/3/2017.

10/05/2017
AGM to be held on 29/05/2017
The AGM of Amar Finance and Leasing Company for the fiscal year ended 31/12/2016 shall be held on Monday 29 May 2017 at 10:30 A.M. at the main hall 2 at the Public Authority for Industry Building.

08/05/2017
Amar Board meeting Results
The first quarter interim financial Statement for Amar Finance and Leasing (Amar), has been approved by Board of Director in board meeting no. 4/2017 dated 16th May, 2017. Board of Directors (BOD) meeting no. 03/2017 was held on 07/5/2017. During the meeting, the interim financial statements of Amar Finance and Leasing Company for the period ended 31/3/2017 were reviewed and approved for submission to the regulatory authorities.

07/05/2017
Reminder - Board of Directors' Meeting shall be held today
Amar Finance & Leasing Company Board of Directors will hold its meeting today Sunday 07/05/2017 at 01:00 P.M. to discuss the interim financial statements of Amar Finance and Leasing Company for the period ended 31/03/2017.

04/05/2017
Amar Board of Directors meets on 07 May 2017
The Board of Directors of Amar Finance & Leasing Company will hold its meeting on Sunday 07 May 2017 at 1:00 p.m. to discuss the interim financial statements of the Company for the first quarter ended 31/3/2017.

29/03/2017
Disclosure of important information
End of services of the following staff members who were registered persons:
Mr. Nezar Bader Al Abdulrazzaq - Compliance Officer
Mr. Rahul Sagi - Investment Advisor Representative

06/03/2017
Amar Board of Directors recommends not to distribute dividends
The Board of Directors of Amar met on Monday 06/03/2017 and approved the financial statements for the year ended 31 December 2016.

05/03/2017
Amar Board of Directors Meet on Monday to discuss the financial statements
The Board of Directors of Amar shall meet on Monday 06/03/2017 to discuss the financial statements for the year ended 31 December 2016.

10/01/2017
Nomination for the Board of Directors of Amar is now open
Amar announces the opening of the candidacy for membership of the Board of Directors for its new session (2017 - 2019). Applications for candidacy will be received within two weeks from the date of publication of the announcement in the newspapers and on company's website.

04/12/2016
CMA approves Amar’s request to trade in its treasury shares
Capital Markets Authority approves Amar’s request to trade in its treasury shares with a maximum limit of 08% of its capital for a period of six months with effect from the date of approval, taking into account that the total purchase amount will not exceed the amount of available funding based on articles of law No. 7 of 2010, its implementing policy and the relevant regulating resolutions and conditions issued by regulators.

16/11/2016
Amar Board meeting Results
The third quarter interim financial Statement for Amar Finance and Leasing (Amar), has been approved by Board of Director in board meeting (scrolling) no. 5/2016 dated 15th November, 2016.
Amar third quarter results for the period ended 30 September 2016
Amar has obtained CMA approval for the interim statements for the third quarter of 2016. Attached is the required form for the interim statements for the period ended 30/9/2016.

15/11/2016
Amar Board of Directors Meets today to discuss the 2016 third quarter financial statements
The Board of Directors of Amar shall meet today Tuesday 15/11/2016 to discuss 2016 third quarter interim financial Statement.

15/08/2016
Amar 2nd quarter results for the period ended 30 June 2016
Amar has obtained CMA approval for the interim statements for the second quarter of 2016. Attached is the required form for the interim statements for the period ended 30/6/2016.

01/06/2016
CMA approves Amar’s request to trade in its treasury shares
Capital Markets Authority approves Amar’s request to trade in its treasury shares with a maximum limit of 10% of its capital for a period of six months with effect from 30/5/2016, taking into account that the total purchase amount will not exceed the amount of available funding based on articles of law No. 7 of 2010, its implementing policy and the relevant regulating resolutions and conditions issued by regulators.

16/05/2016
Amar annual General Meeting (AGM)
Amar Ordinary and Extraordinary AGM for the fiscal year ended 31/12/2015 was held on Sunday 15 May 2016 at the Ministry of Commerce and Industry. The Ordinary AGM approved the following:
First: Not to distribute cash dividends for the financial year ended 31/12/2015.
Second: Not to distribute bonuses to Board members for the financial year ended 31/12/2015.
Third: Re- appointment of Mr. Waleed Abdullah Al Osaimi from Al Aiban, Al Osaimi & Co. as the Company's auditor and appointment of Mr. Mohamed Hamad Al Sultan from Baker Tilly Kuwait as Amar second auditor for the fiscal year ended 31/12/2015.
Fourth: The following personnel from Al Mashora and Al Raya for Islamic Financial Consulting were appointed to carry out Sharia auditing and supervision for the financial year ended 31/12/2015:
Dr. Abdul Aziz Al-Qassar
Dr. Issa Zaki Issa
Dr. Ali Ibrahim Al Rashed

16/05/2016 
Amar profit reached KD 64 thousand for the three months ended on 31-3-2016 
Attached is the interim financial statements for the three month period ended March 31, 2016 

15/05/2016
Annual General Meeting (AGM) will to be held on 15/5/2016 to discuss 2015 financial statement
The Annual General Meeting (ordinary and Extraordinary) of Amar Finance & Leasing Company for the fiscal year ended 31/12/2015 were set for Sunday 15 May 2016 at hall no. 8 at the Ministry of Social Affairs and Labor.

01/05/2016
Amar Board of Directors Meets on 01/05/2016 to discuss the 2016 third quarter financial statements
The Board of Directors of Amar shall meet today Tuesday 15/11/2016 to discuss 2016 31/3/2016 interim financial Statement.

21/04/2016
Annual General Meeting (AGM) will to be held on 15/5/2016 to discuss 2015 financial statement
The Annual General Meeting (ordinary and Extraordinary) of Amar Finance & Leasing Company for the fiscal year ended 31/12/2015 were set for Sunday 15 May 2016 at hall no. 8 at the Ministry of Social Affairs and Labor. (The Company was suspended from trading until the AGM was held).

07/03/2016
Amar Board of Directors recommends not to distribute dividends for the fiscal year ended 31/12/2015

09/12/2015
Clarification from Amar Finance and Leasing Company
An agreement to obtain bank financing in accordance with the provisions of the Islamic Shariah was concluded with a local bank for the value of KD 3,000,000 (only three million Kuwaiti Dinars) for a period of seven years for the purpose of financing the real estate activities of the Company.

26/11/2015
CMA approves Amar’s request to trade in its treasury shares
Following its previous announcement on 25-11-2015, regarding the approval by the Capital Markets Authority of Amar request to buy or sell its shares, Kuwait Stock Exchange (KSE) announces based on information received from Amar that CMA approved Amar’s request to trade in its treasury shares with a maximum limit of 08% of its capital for a period of six months with effect from 22/11/2015, taking into account that the total purchase amount will not exceed the amount of available funding based on articles of law No. 7 of 2010, its implementing policy and the relevant regulating resolutions and conditions issued by regulators.

25/11/2015
CMA approves Amar’s request to trade in its treasury shares
Kuwait Stock Exchange (KSE) announces that CMA approved Amar’s request to trade in its treasury shares with a maximum limit of 10% of its capital for a period of six months with effect from 22/11/2015, taking into account that the total purchase amount will not exceed the amount of available funding based on articles of law No. 7 of 2010, its implementing policy and the relevant regulating resolutions and conditions issued by regulators.

09/11/2015
Amar losses reached KD 655 thousand for the nine months ended 30-09-2015.

09/08/2015
Amar losses reached KD 506 thousand for the 6 months ended 30-06-2015.

14/05/2015
Amar losses reached KD 938 thousand for the three months ended 31-03-2015.

12/05/2015
CMA approves Amar’s request to trade in its treasury shares
CMA approved Amar’s request to trade in its treasury shares with a maximum limit of 10% of its capital for a period of six months with effect from 11/05/2015, taking into account that the total purchase amount will not exceed the amount of available funding based on articles of law No. 7 of 2010, its implementing policy and the relevant regulating resolutions and conditions issued by regulators.

23/04/2015
Kuwait Stock Exchange (KSE) announces that Amar AGM will be held on Thursday, 23/4/2015 at 10:00 am at the Ministry of Commerce and Industry. The Board of Director’s recommendation not to distribute dividends for the financial year ended 31/12/2014 will be discussed. This recommendation shall be subject to approval by the AGM, the Board of Directors and the Supervisory Authorities. Other agenda items will also be discussed. Note that the company is suspended from trading in accordance with the decision of Market Committee No. 4 of 2007 regarding the dates of the AGMs of listed companies and will be able to trade again in its treasury after holding its AGM.

23/04/2015
Kuwait Stock Exchange (KSE) announces that Amar AGM was held on Thursday, 23-04-2015. The AGM agreed not to distribute profits for the financial year ended 31/12/2014.

16/04/2015
Following its previous announcement on 25-11-2015, regarding Amar AGM, and in accordance with the decision of the Market Committee No. 4 of 2007 regarding the dates for holding AGMs of Listed Companies which stipulates that listed companies should hold its AGM within 45 days from the date of CMA approval of their annual financial statements. The trading in the Company's shares will be suspended as of Thursday 16/4/2015 until its general assembly convenes.

31/03/2015
Amar Annual General Meeting (AGM) will to be held on 23-4-2015 to discuss 2014 financial statement
Kuwait Stock Exchange (KSE) announces that Amar AGM will be held on Thursday, April 23, 2014 at 10:00 am at the Ministry of Commerce and Industry. The Board of Directors will discuss the Board's recommendation not to distribute dividends for the year. Financial ended 31/12-2014. This recommendation shall be subject to approval by the AGM, the Board of Directors and the Supervisory Authorities. Other agenda items will also be discussed.

26/03/2015
Issuance Of Appeal Judgment
Amar Finance and Leasing Company declares the issuance of appeal judgment in case No. 3137/2014 civil appeal / 12 filed by a customer against the company with regard to the legitimacy of a primary sale contract (real estate). The Judgment obliged Amar Finance and Leasing Company to pay Kuwaiti Dinar Two Million Two Hundred and One Thousand being sale price and compensation fee.
Accordingly, Amar Finance and Leasing Company has taken measures to present the case before the Court of Cassation with a request to suspend execution until final judgment issued in the following related cases: Commercial/17 No: 6434/2012, commercial/2 No.: 6772/2013, Commercial/ 9 No.: 5226/2014, Commercial/4 No.: 3912/2014.

26/03/2015
Issuance of Appeal Judgment
Amar Finance and Leasing Company declares the issuance of appeal judgment in case No. 3137/2014 civil appeal / 12 filed by a customer against the company with regard to the legitimacy of a primary sale contract (real estate). The Judgment obliged Amar Finance and Leasing Company to pay Kuwaiti Dinar Two Million Two Hundred and One Thousand being sale price and compensation fee.
Accordingly, Amar Finance and Leasing Company has taken measures to present the case before the Court of Cassation with a request to suspend execution until final judgment issued in the following related cases: Commercial/17 No: 6434/2012, commercial/2 No.: 6772/2013, Commercial/ 9 No.: 5226/2014, Commercial/4 No.: 3912/2014.

17/02/2015
Amar Finance and Leasing Board recommends not to distribute dividends.