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Safwa Islamic Bank P.L.C (Jordan)

Main Activities: Commercial Banking
Full name: Safwa Islamic Bank P.L.C Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Jordan Dubai Islamic Bank (JDIB) is a Jordanian bank, set up in 1963 and headquartered in Amman. It was formerly known as Industrial Development Bank. In 2007 Dubai Islamic Bank, in consortium with its Jordanian partner Jordan Dubai Capital acquired the majority stake in the bank and in the following years restructured it into a fully fledged Islamic commercial bank under its current brand name. It offers solutions in personal banking, corporate banking and SME financing, treasury and investment, as well as internet services. All products and services of JDIB are according to the principles of the Islamic law, which bans the charge and receipt of interest. The bank operates a network of 21 branches.

Headquarters
Abdali Project - Suleiman Al Nabulsi Street, P.O. Box 1982
Amman; West Zone; Postal Code: 11118

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Website: http://www.safwabank.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1963
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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9.383%
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5.55%
Subsidiaries
Mesk Brokerage Company
100%
Company Performance
Financial values in the chart are available after Safwa Islamic Bank P.L.C report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency JOD. Absolute financial data is included in the purchased report.
Net interest income
27.65%
Operating profit (EBIT)
17.51%
Net Profit (Loss) for the Period
15.87%
Total assets
13.35%
Total equity
11.15%
Total Assets Trend
2.73%
Net Interest Income Trend
11.92%

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