Sukuk trading law expected in 2012, says Jordan Islamic Bank
Musa Shihadeh, CEO, Jordan Islamic Bank
Jordan Islamic Bank has been serving its local community for nearly 35 years, developing strong trust among its SME clients and retail banking customers thanks to its conservative approach and long-standing commitment to Sharia rules. Musa Shihadeh discusses the importance of supporting local businesses and the potential for Sukuk trading on the Oman Stock Exchange.
Related by the tag Islamic Finance
Musa Shihadeh, CEO, Jordan Islamic Bank
Jordan Islamic Bank started in the early 1980s as a small bank with $3m in capital. Its growth since then has been impressive: it holds 8.3 percent of assets in Jordan’s banking sector, and has a return on shareholder equity of 16.74 percent, the highest in the country. CEO Musa Shihadeh outlines how this growth has gone hand-in-hand with a commitment to servicing the community, including financing energy opportunities for a country formerly reliant on Egypt for its petrol.
March 22, 2013 Category: BankingDerya Gürerk, CEO, Türkiye Finans Katılım Bankası
Participation banking assets have grown twice as fast as Turkey’s overall banking sector during the last 10 years and now represent five percent of the industry. Derya Gürerk of Türkiye Finans believes this growth is sustainable if the required capital is brought in. He discusses the bank’s excellent performance last year, including a 25 percent increase in productivity and 22 percent increase in profits, its investment in infrastructure and developing entrepreneurial skills, and its recently issued Sukuks.
February 25, 2013 Category: BankingSheikh Khalid Bin Thani Al Thani, Chairman, and Abdulbasit Al Shabei, CEO, Qatar International Islamic Bank
Over the last 10 years, the leadership team of Qatar International Islamic Bank has overseen growth of 15-20 percent per annum. As Chairman Sheikh Khalid Bin Thani Al Thani receives the World Finance award for Best Islamic Bank – Qatar 2012; Abdulbasit Al Shabei discusses the importance of the bank’s Islamic scholars, and the benefits that Qatar’s macroeconomic leadership lend to its business.
May 25, 2012 Category: BankingRelated by the tag Jordan
Musa Shihadeh, CEO, Jordan Islamic Bank
Jordan Islamic Bank started in the early 1980s as a small bank with $3m in capital. Its growth since then has been impressive: it holds 8.3 percent of assets in Jordan’s banking sector, and has a return on shareholder equity of 16.74 percent, the highest in the country. CEO Musa Shihadeh outlines how this growth has gone hand-in-hand with a commitment to servicing the community, including financing energy opportunities for a country formerly reliant on Egypt for its petrol.
March 22, 2013 Category: BankingRana Sunna, Deputy General Manager, Cairo Amman Bank
In the 1990s, Cairo Amman Bank was a small bank, with modest financial results and lwo growth prospects. Today it stands as mark of innovation: after successfully targeting the underserved retail sector, and reforming its HR and IT departments to develop the new skills and products the market needed. Rana Sunna explains how the changes brought new hope to the bank, and new life to its accounts.
February 6, 2012 Category: BankingMusa Shihadeh, CEO and General Manager, Jordan Islamic Bank
As leaders in Islamic finance, JIB has been enjoying the growth in the sector, with a 9.5 percent increase in net worth and 19.3 percent increase in total assets in the last year. Mr Shihadeh outlines the bank’s commitment to developing good service and social partnerships.
April 14, 2011 Category: Banking



