Company Safwa Islamic Bank

Equities

SIBK

JO1100612018

Banks

End-of-day quote Amman S.E. 06:00:00 2024-04-22 pm EDT 5-day change 1st Jan Change
2.04 JOD +2.00% Intraday chart for Safwa Islamic Bank +0.49% +5.15%

Business Summary

Safwa Islamic Bank PSC, formerly Jordan Dubai Islamic Bank PSC, is a Jordan-based public shareholding company engaged in the provision of banking, finance and investment services in compliance with the Islamic sharia principles. The Bank is organized into the following business segments: Personal Banking, which includes unrestricted investment accounts, deferred sales receivables, financing and other banking services for individual customers; Corporate Banking, which covers unrestricted investment accounts, deferred sales receivables, financing and other specialized banking services for corporate customers; Asset Investment, which includes the Banks investment in real estate and leasing, as well as Treasury, which provides trade and treasury services, as well as the Bank’s money management. The Bank operates through its head office and a network of more than 24 branches located across Jordan.

Sales per Business

JOD in Million2022Weight2023Weight Delta
Corporate
52.7 %
23 34.3 % 40 52.7 % +77.36%
Treasury
30.2 %
16 24.8 % 23 30.2 % +40.98%
Retail
16.1 %
25 38.3 % 12 16.1 % -51.66%
Other
1.0 %
2 2.6 % 1 1.0 % -56.59%

Sales per region

JOD in Million2022Weight2023Weight Delta
Jordan
89.9 %
63 95.8 % 68 89.9 % +8.29%
International
10.1 %
3 4.2 % 8 10.1 % +179.48%

Managers

Managers TitleAgeSince
Chief Executive Officer - 18-02-28
Director of Finance/CFO - 22-03-14
Compliance Officer 44 23-09-13
Chief Investment Officer - 10-01-02
Compliance Officer - 10-07-31
Chief Operating Officer - 10-06-30
Corporate Officer/Principal - 11-02-05
Human Resources Officer - 10-01-17
Comptroller/Controller/Auditor - 11-02-19
General Counsel - 12-01-03

Members of the board

Members of the board TitleAgeSince
Director/Board Member 52 -
Director/Board Member 53 -
Director/Board Member 56 -
Director/Board Member 72 -
Director/Board Member 58 -
Director/Board Member 72 18-12-16
Compliance Officer - 10-07-31
Shariah Board Member - 21-04-28
Director/Board Member - 23-01-03
Director/Board Member 59 23-07-05

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 100,000,000 12,071,000 ( 12.07 %) 0 12.07 %

Shareholders

NameEquities%Valuation
62,370,429 62.37 % 184 M JOD
Social Security Corp.
9.377 %
9,377,359 9.377 % 28 M JOD
Government of Jordan
5.550 %
5,550,000 5.550 % 16 M JOD
Orphans Fund Development Corp.
4.925 %
4,925,000 4.925 % 15 M JOD
1,029,341 1.029 % 3 M JOD
1,029,341 1.029 % 3 M JOD

Company contact information

Safwa Islamic Bank

Building 38 Suleiman Al-Nabulsi Street

11118, Amman

+962 6460 2100

http://www.safwabank.com
address Safwa Islamic Bank(SIBK)
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