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Date : Jul 5, 2023
The British (World Finance) magazine announced that Jordan Islamic Bank continue to win prestigious awards for the year 2023, which are best Islamic bank in Jordan, best banking group in Jordan, best corporate governance, Business Leadership and Outstanding Contribution to Islamic Finance for Mr. Musa Shihadeh, the former chairman of the bank, in appreciation for the bank’s distinction and record of its outstanding achievements and successes in the Jordanian and Islamic banking sector.
In the report issued by the magazine at the end of June 2023, it was stated that the magazine’s awards are granted to Islamic banks and institutions that have had a major role in the advancement of Islamic banking industry, including Jordan Islamic Bank, as they were able to achieve a distinguished position in banking work at the level of their countries to be a role model and a prominent example in the banking leadership of other banks, overcoming the difficult economic period that faced the world and the region, whether in terms of tightening monetary policy, inflation, supply chains, energy ... etc., which many banks found difficult to deal with its successive effects.
Where the bank continued to win magazine awards in its various categories for achieving sustainable growth rates at various levels while adhering to the best practices of governance, sustainability plans, disclosure, transparency and wise leadership, introducing example, role model, and distinguished role in the Islamic finance industry, which is expected to increase demand for it and grow by about 10% in 2023 and the next year, and with the expectation of significant growth in the issuance of green sukuk that is compatible with the sustainability plans of many Islamic banks, according to Moody’s reports.
On this occasion, Dr. Hussein Said, Chief Executive Officer / General Manager of Jordan Islamic Bank, expressed his pride in the bank's continued receipt of these distinguished awards and the follow-up and interest from international institutions such as (World Finance) magazine, for which our bank has received various awards several times consecutively since 2009, along with many other international awards, stressing the continuation of exerting more efforts to maintain the strength of the bank and the strength of its financial position and to achieve its future strategy in keeping pace with the various challenges with excellence in providing innovative banking solutions that keep pace with the latest technological developments and for various sectors and are compatible with the provisions and principles of Islamic Sharia.