Date : May 16, 2024
Jordan Islamic Bank won the award for the best Islamic financial institution in Jordan for the year 2024 from Global Finance, an international magazine based in New York, for the fifteenth time. This came in its announcement of its annual awards for the best Islamic financial institutions in the world for the year 2024, to highlight the most important achievements achieved in contributing to the growth and development of Islamic finance.
The continued selection of Jordan Islamic Bank for this award came from an international jury that includes experts from the consulting sector and specialized editors in the magazine, relying on a set of criteria in terms of innovation in services and products and their quality, investment in technology, progress in digital banking services, enhancement of retail banking services, and growth in assets, profitability and good governance.
The magazine indicated that Jordan Islamic Bank has strengthened its presence by owning about 50% of the Islamic banking services market in Jordan, achieving about 9% of the total assets of the banking sector in Jordan with continuous growth in financing, deposits and accounts supported by a high Capital Adequacy Ratio, in addition to the continuous development and modernization in the fields of banking technology and the expansion of its digital banking services through Islami Mobile, Islami Internet, and the digital self-services that the bank provides to its customers (Islami Digital).
Dr. Hussein Said, CEO of Jordan Islamic Bank, stated that the bank’s continued receipt of this award confirms the bank’s ability to highlight the achievements it achieves in terms of financial results and innovation in Islamic banking services and to provide modern digital banking solutions that meet the needs of its customers and in various sectors and that achieve the bank’s strategy and objectives in keeping pace with the latest technological developments in the field of the banking industry and in accordance with the provisions and principles of Islamic Sharia, praising everyone’s efforts in achieving this achievement.
A special ceremony will be held in Washington next October in conjunction with the meetings of International Monetary Fund and World Bank to distribute awards to the winning banks and institutions.
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