2.05
0.00 (0.00%)
End-of-day quote: 05/17/2024
ASE:SIBK

Safwa Islamic Bank Profile

Safwa Islamic Bank, together with its subsidiaries, provides various banking products and services. The company operates as a subsidiary of Etihad Islamic Investment Company.

The bank provides all financial banking and structured investment services on a non-Interest basis in accordance with Islamic shari'a through the bank's head office and its branches within the Kingdom and its subsidiary, in accordance with the effective Banking Law.

Segments

The company operates through three segments: Retail Accounts; Corporate Accounts; and Treasury.

Retail Accounts

This segment follows up on the unrestricted investment accounts, deferred sales receivables, financings, and other services related to retail.

Corporate Accounts

This segment handles unrestricted investment accounts, deferred sales receivables, financings, and other banking services related to corporate customers.

Treasury

This segment handles the services of brokerage, treasury and management of the bank's funds.

History

Safwa Islamic Bank was incorporated in 1963.

Country
Industry:
Commercial banks
Founded:
1963
IPO Date:
12/12/1994
ISIN Number:
I_JO1100612018

Contact Details

Address:
building no (38), Alabdali_Blvd_Sulaiman Al Nabulsi Str., P.O Box 1982, Amman 11118, Jordan
Phone Number
962 6460 2100

Key Executives

CEO:
Al Sahib Al Tamimi, Samer Saadi
CFO
Ghnaim, Ahmad Salah
COO:
Al Zrari, Hani