Company Palestine Islamic Bank

Equities

ISBK

PS1007112953

Banks

End-of-day quote Palestine Exchange 06:00:00 2024-04-24 pm EDT 5-day change 1st Jan Change
1.46 USD -2.67% Intraday chart for Palestine Islamic Bank -2.67% -16.57%

Business Summary

Palestine Islamic Bank is a Palestine-based bank that offers banking, financial and investment services in accordance to Islamic Sharia principles. The Bank offers its services through four main divisions, namely individual Services, which includes current and savings accounts, deposits, personal, housing and commercial loans, car financing, and direct debit and credit card issuing; Investment Services, which provides Islamic advisory and risk management services; Companies Services, which includes brokerage and financing projects, and Electronic Services, which includes ATM services. Palestine Islamic Bank operates from its headquarters in Gaza and a network of15 branches and one representative offices across the Palestinian territories.

Number of employees: 719

Sales per Business

USD in Million2022Weight2023Weight Delta
Retail Banking
52.4 %
48 62.9 % 44 52.4 % -8.46%
Corporate Banking
26.9 %
21 27.2 % 23 26.9 % +8.77%
Treasury
10.6 %
7 9.1 % 9 10.6 % +28.06%
Government
7.2 %
- - 6 7.2 % -
Other
2.8 %
1 0.9 % 2 2.8 % +255.35%

Sales per region

USD in Million2022Weight2023Weight Delta
Palestine
94.1 %
74 97.7 % 79 94.1 % +5.81%
International
5.9 %
2 2.3 % 5 5.9 % +176.86%

Managers

Managers TitleAgeSince
Chief Executive Officer 55 -
Director of Finance/CFO - -
Chief Operating Officer - 22-06-30
Chief Investment Officer - 20-12-29
Compliance Officer - 16-10-08
Chief Tech/Sci/R&D Officer - 16-04-02
Public Communications Contact - 16-02-13
Corporate Officer/Principal - -
Corporate Officer/Principal - -
General Counsel - 13-04-30

Members of the board

Members of the board TitleAgeSince
Shariah Board Member - -
Chairman 77 13-12-31
Director/Board Member - -
Director/Board Member - -
Director/Board Member - -
Director/Board Member - 21-10-31
Director/Board Member - -
Director/Board Member - -
Director/Board Member - -
Shariah Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 100,000,000 31,761,687 ( 31.76 %) 0 31.76 %

Company contact information

Palestine Islamic Bank

Jihad Street Al-Masyoun

, Ramallah

+970 2 2967888

http://www.islamicbank.ps
address Palestine Islamic Bank(ISBK)
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