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Al Baraka Jordan unit posts $56m profitJordan Islamic Bank (JIB), part of the Al Baraka Banking Group, achieved net profit before tax of $55.99 million last year when compared to $57.40 million in 2010. The bank said its net profits after tax reached $39.92 million for 2011. Th More… |
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IIRA affirms AA rating to Jordan Islamic BankIslamic International Rating Agency (IIRA) has maintained its Shari’a Quality Rating of AA (SQR) to Jordan Islamic Bank (JIB). This rating reflects IIRA’s opinion that opinion that JIB conforms to very high level of standards of Shari’a re More… |
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Jordan Islamic Bank wins key S&P ratingAl Baraka Banking Group (ABG) said that Standard and Poors (S&P) has rated its subsidiary Jordan Islamic Bank for the first time, assigning it a long term counterparty credit rating of BB/B (short term) with a stable outlook. Jordan Is More… |
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Jordan Islamic Bank unveils corporate identityAmman-based Jordan Islamic Bank has unveiled its new corporate identity and logo as part of its plans to enhance the Islamic banking experience in the Arab region. Unveiling the logo at a recent press conference, Adana Ahmad Yousef, B More… |
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Jordan Islamic Bank sees double-digit growthJordan Islamic Bank, the country's largest Islamic lender, expects double-digit growth this year as it taps fast-rising demand for Sharia-compliant products in an otherwise sluggish overall market, its CEO said. The bank, with total as More… |
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Jordan Islamic Bank net profit hits $39mJordan Islamic Bank, a subsidiary of the Bahrain-based Al Baraka Banking Group (ABG), achieved a net profit of $39.49 million in the financial year 2009. The bank's net profit before tax was $55.01 million. The bank's board More… |
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Honour for Al Baraka subsidiaryJordan Islamic Bank, a subsidiary of Al Baraka Banking Group, has won the Maqasid Al Sharia Award for Corporate Social Responsibility. The award is one of nine that Dar Al Istihmar and DinarStandard award annually in co-operation with the More… |
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Stable ratings for Jordan Islamic BankThe Bahrain-based Islamic International Rating Agency (IIRA) has assigned its international scale ratings of BBB- / A-3 / stable for foreign currency long-term and short-term obligations and BBB/ A-3/ Stable for local currency long-term and short- More… |
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Jordan Islamic Bank Q1 net surges to $11mJordan Islamic Bank achieved a net profit of 8.09 million Jordanian dinars ($11.41 million) in the first quarter, reflecting an increase of three per cent. Total assets of the bank, a subsidiary of Albaraka Banking Group (ABG), increased b More… |
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Jordan Islamic Bank net jumps 67pcJordan Islamic Bank, a subsidiary banking unit of Albaraka Banking Group, has achieved a 67 per cent growth in its net profit for the first nine months of this year. The financial results of the bank for the period show that it achiev More… |
