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Arab Islamic Bank PLC
Arab Islamic Bank Building Nablus Street
P.O. Box 631
Phone: +970 22941800p:+970 22941800 RAMALLAH, Palestine Ticker: AIBAIB
Business Summary
Arab Islamic Bank PLC is a Palestine-based bank engaged in the provision of financial and banking solutions in compliance with the Islamic sharia principles. The Bank operates in three business segments: Retail banking, Commercial banking and Treasury services. The Retail banking services segment includes deposits, credit finance and other services; the Commercial banking services segment offers project finance such as Murabaha and Mudarabah, real estate financing based on Ijarah and Istisna, working capital financing (Musharakah), and trade finance such as import/export letters of credits (LCs) and letter of guarantees. The Treasury services segment provides trading and treasury services, and the Bank’s money and investment management. The Bank operates through its head office and a network of nine branches located across Palestine.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
Yes------

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202412/31/2023Yes----

Industries
SIC Code Description
6035 Savings institutions, federally chartered
6211 Security brokers, dealers, and flotation companies

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board, representing Al Tawfiq Investment House Walid T.Fakhouri 41 1/1/2010 1/1/2010
Vice Chairman of the Board, representing Arabian Gulf Company Yahya Z.Al Qadamani 56 1/1/2010
Chief Financial Officer Masira H.Salama 3/10/2013 3/10/2013
12 additional Officers and Directors records available in full report.

Business Names
Business Name
AIB
Arab Islamic Bank

General Information
Number of Employees: 706 (As of 12/31/2023)
Outstanding Shares: 101,119,252 (As of 9/30/2024)
Shareholders: 1,217
Stock Exchange: PAS
Fax Number: +970 22407065


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Friday, November 22, 2024