Almuftah Group began selling gramophone records in 1963 and now spans manufacturing, trading, contracting, international schools, services, and F&B. In September 2024, it broke ground on a new English Modern School campus in Al Wakrah, set to open in 2026. In October 2024, it started construction of an Almuftah Jewellery showroom, and in November 2024 inaugurated its Aqua Plastic Factory.