About The Bank - Establishment:

 Jordan Islamic Bank for Finance and Investment was established as a public shareholding company
 on 28th.Nov, 1978 and was licensed to practice financing, banking and investment activities in compliance
 with the provisions of the glorious Islamic Shari'a in accordance with the Special Law according to which
 the Bank was established.

 This law, which was abolished and superceded by a special chapter on Islamic banking in the new
 Banks' law which was issued on 1/8/2000.

 When the Bank's first branch commenced business on 22/9/1979, the paid-up capital did not exceed JD 2
  million of its authorized capital of JD 4 million, but with favor from Allah the paid up capital of the Bank now
  is JD 65 million (about USD 92 million).

 The Extraordinary General Assembly has approved in its meeting held on 30/4/2006 the amendment of
 5th and 11th articles of the Articles of Corporation to incease the Bank's Capital by JD 25 million to be
 JD 65 million/share (about $92 milion) according to following:
      - Capitalizing the sum of 10 million JDs/shares from the profits or /and other reserves, free quarter
        of a share for each share.
      - the special subscription for the Bank's shareholders with the amount of 15 million JDs/share with
        a nominal value of one JD and premium of JD 1.
 and amending the number of the Board's members to be 9 instead of 7.
 The bank continued in Providing its investment financial and banking services through its branches covering  different areas of the kingdom which reached (56) branches and (9) cash offices in addition to the bonded 
 and  public utilities reached 66 ATM'S throughout Jordan.

 Since its establishment, the Bank succeeded in maintaining its growth momentum and in establishing
 itself as one of the leading banks in Jordan by providing all kinds of banking and investment services
 to its clients in accordance with the provisions of Islamic Sharia, which applies a concept of economy
 different from the conventional concept especially with respect to the role of money.

 The Bank has been always a pioneer in every new in the banking field and coping with the development
 for improving and updating its services.

 The Bank has recently obtained the ISO ( 9001:2000 ) in management systems in addition to the bank's  
  rating   increase from (BB+ Stable) TO ( BBB-Stable) pursuant to capital inte- lligence reflecting the strong
  performance of the Bank in different production and management related issues and represents a new
  push towards achieving its future objectives in  terms of improving,  updating and developing its services
  in order to achieve an excellent level in compliance with the Bank’s  mission and with the principles of
  glorious Islamic Sharia.

 The number of customer's active accounts thought the bank's network of (66) branches and offices,has
  reached (589) thousand accounts, the number of the Bank's employees has reached (1498) and the 
 outstanding number of financing transactions was (99) thousand transactions at the end of the year.
 
  The Bank's strategy is based on the following critical elements which control its banking
  policy and activities:-

  - Maintaining the strength of the Bank's financial position.
  - Increasing the Bank's market share.
  - Optimizing the profits of shareholders and depositors.
  - Enhancing the ethical values and performance standards which Islamic banks set high
    in their statements of mission.

Quality Management System