Jordan Islamic Bank keeps market share while creating growth for society

Derya 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.

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.

Sheikh 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.

Mohammad Nasr Abdeen, CEO, Union National Bank

Despite a challenging global trading environment, Union National Bank has increased its consolidated profit by 11 percent over last year’s results – thanks, says Mohammad Nasr Abdeen, to good strategic planning and communications. The CEO discusses the lessons learned from the recent crisis, the bank’s recent acquisition in Egypt and its forays into China.

Adel Al-Majed, Chairman and Managing Director, Boubyan Bank

Adel Al-Majed’s 13 years of experience at National Bank of Kuwait were invaluable when the group gained control of Boubyan Bank, setting a clear new strategy and identifying the best people to fulfill its new mission. The new MD talks about the importance of the thriving Islamic segment, the balance sheet surgery Boubyan needed in 2009, and his ambitious goal to become the third-largest bank in Kuwait in five years.

Thomas Papantonious, Partner and COO, Tadawul FX

Tadawul FX is one of the world leaders in providing Sharia-compliant foreign exchange trading. Offering swap-free accounts with no hidden penalties, Tadawul delivers true transparency for the conscientious trader. COO Thomas Papantonious discusses the ongoing market turbulence and the importance of planning your trades – and trading your plan.

Abdulbasit Ahmad Al Shaibei, CEO, Qatar International Islamic Bank

QIIB has enjoyed 20 years of exceptional growth since it began trading in 1991, thanks to its highly conservative strategy. Dr Sheikhah explains the bank’s focus on tangible investments.

Hussein Mohammed Al Meeza, Managing Director and CEO, AMAN Insurance Co

AMAN Insurance is one of the leading lights of Islamic insurance, growing its start capital of AED60m to AED200m in just seven years. CEO Mr Al Meeza outlines its areas of success.

Khaldoun Malkawi, CEO and Chairman, Al-Sanabel International Holding

Established in February 2006, Al-Sanabel has been enjoying 20 percent growth for the last five years thanks to the significance of Islamic finance in Jordan. Khaldoun Malkawi describes the financial products the company offers.