2005
2014
2015
2019
2024
In 2005, Credit One Holding was established as a Sharia-compliant holding company and aquired Alsayer Facilities Company. This laid the foundation for the company’s journey into the Islamic finance sector, focused on delivering ethical and innovative financial solutions.
By 2014, Credit One had firmly established itself as a leader in the financing sector, servicing small to medium business with unique Sharia compliant financing solutions. With a portfolio size surpassing KD 100 million, the company achieved a dominant market share of financing volume across the car rental, taxi and delivery sectors, reinforcing its position as the go-to financial partner in these sectors.
In 2015, Credit One cemented its long standing commitment to corporate social responsibility initiatives. The Company initiated several projects which support communities in need. These efforts reflects Credit One’s dedication to fostering positive social impact and contributing to long-term development beyond its business operations.
In 2019, Credit One expanded its footprint by acquiring a 51% stake in Safeena Car Rental, and increasing it to 60% thereafter. This strategic move strengthened its portfolio and extended its leadership into the vehicle leasing and rental markets, ensuring continued growth and diversification.
Looking to the future, Credit One remains committed to innovation and growth. As it continues to lead in the automotive finance sector, the company is embracing digital transformation and sustainability initiatives to better serve its clients and stay ahead in a rapidly changing market, all while staying true to its Sharia-compliant values.
Established in 1992, Al Sayer Facilities Company has succeeded in becoming a partner of choice for individuals and small to medium business looking for reliable and fast solutions addressing their needs.
Offering versatile vehicle solutions, Sefeena Car Rental Company specializes in leasing fleets to corporate clients and public sector projects. It also caters to retail customers by offering a range of daily to long-term rental options. Committed to excellence, the company combines competitive pricing with top-tier customer service, ensuring each client receives tailored, competitive vehicle solutions for their specific needs.
Sefeena Delivery Company provides reliable and timely delivery services across Kuwait. Supporting both businesses and individual clients, the company leverages its advanced fleet and cutting-edge logistics technology to ensure clients’ parcels and packages reach their destinations swiftly and safely.
