Investment

In October 2006, Kuwait Kerala Muslim Association (KKMA) launched a new initiative to pioneer a new way of inculcating the habits of savings and investment amongst its members.

 

The KKMA Investment Club was introduced to encourage saving habits among the Association members and it will help them to invest their hard-earned money jointly in viable projects.

 

Under this scheme the members were encouraged to save as little as KD 10 per month for a period of 12 months.

 

The Club is now engaged in investing in real estate projects in India and elsewhere.

 

 

KKMA INVESTMENT CLUB

KKMA INVESTMENT CLUB (IC) is an interest free investment system promoted by Kuwait Kerala Muslim Association (KKMA).

 

MISSION

Our goal is to encourage the financial empowerment of our members through education, regular savings and a variety of services in order to obtain economic independence.

OBJECTIVES

1.   To provide alternative savings and investment opportunities based on the Islamic principle of profit/loss sharing.

2.   To encourage saving habits among low-income group of people and provide leadership to initiate investment ventures with an aim to earn additional income.

3.   To participate in business venture based on the principle of profit/loss sharing with trust worthy and efficient entrepreneurs who have viable projects.

4.   To run business or activities by the Club directly or by assigning partners in areas like agriculture, industry, construction and trade.

5.   To promote small scale industries based on modern technologies with an aim to generate employment opportunities for the Club members or their relatives.

6.   Any additional activities as decided by Club director board.