KISP Ventures is a Sharia’a compliant venture capital firm that invests in early stage technology companies in the MENA region with a focus on the GCC. Backed by two leading financial institutions in Kuwait, KFH Capital and Impulse International, its goal is to support the development of innovative technology companies in the region. It focuses on early stage investments between $250k and $1m with a reserve for follow-on investments.
KFH Capital was incorporated in 1999 as a Sharia compliant investment company. It is the investment arm of Kuwait Finance House, the largest Islamic bank in Kuwait and the 2nd largest Islamic bank in the world.
Impulse, a wholly owned subsidiary of the National Technology Enterprise Company (NTEC), was established in 2012 as a specialist venture capital firm with a mandate to invest in the ICT sector. NTEC is a subsidiary of Kuwait Investment Authority, the 7th largest sovereign fund in the world.