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Date : May 19, 2025
Global Finance magazine announced that Jordan Islamic Bank has won the award for the Best Islamic Financial Institution in Jordan for the year 2025 for the sixteenth time. This award was announced in the magazine’s report issued in May 2025 regarding its annual awards for the best Islamic financial institutions in the world for the year 2025. The magazine highlighted the bank’s achievements in contributing to the growth and development of Islamic finance, in addition to its growth in performance and profitability, strengthening its banking position in its countries, continuing innovation and quality in products and services, promoting digital transformation, attracting new clients (individuals, companies), increasing competitiveness, and enjoying good management and good governance.
The report indicated that Jordan Islamic Bank's winning of this award is due to its ability to maintain its leadership in the field of Islamic banking services in Jordan, supported by its strong financial position, with a Capital Adequacy Ratio of 20% at the end of 2024. The bank also controls approximately half of the Islamic banking sector in Jordan, and holds 10% of the total assets of the Jordanian banking sector. It has also continued to achieve growth in financing and deposits, in addition to expanding its digital banking platforms and services.
For his part, Dr. Hussein SaId, CEO of Jordan Islamic Bank, expressed his pride and honor in continuing to win international awards that are well-deserved recognition of the efforts made to achieve accomplishments at all levels, whether financial, innovative banking services and products, etc., and to receive the attention of international magazines and institutions such as Global Finance magazine to highlight the successful Islamic financial institutions in their work. He praised the continuous cooperation between the Board of Directors, the Executive Management and the Bank’s employees to achieve the Bank’s goals and strategy, while emphasizing maintaining the forefront position of Jordan Islamic Bank to be an example and role model in achieving successes.