The Arab Islamic Bank is the first bank in Palestine to join the "Eco-Friendly Banking" program

SadaNews - In a pioneering step towards enhancing environmental sustainability in the banking sector, the Arab Islamic Bank has signed a cooperation agreement with the "Imar Al-Ard Foundation" to join the "Eco-Friendly Banking" program, thus becoming the first bank in Palestine to participate in this initiative which aims to separate and collect paper from the bank's headquarters and branches for recycling. The agreement was signed by the bank's General Manager, Mr. Hani Nasser, and the Executive Director of the Imar Al-Ard Foundation, Ms. Samira Al-Qadi.

Under this agreement, various types of office papers issued by the bank, including books, magazines, newspapers, and shredded paper, will be collected and recycled, as part of the bank's commitment to environmental standards and the adoption of sustainable practices.

The General Manager of the Arab Islamic Bank, Mr. Hani Nasser, affirmed that this initiative aligns with the bank's sustainable strategy aimed at reducing the carbon footprint and actively contributing to national efforts to preserve the environment and promote the green economy. He added, "We take pride in being the first bank in Palestine to join this program, and we are pleased to take a practical step towards adopting the concept of eco-friendly banking, believing in the role of financial institutions in supporting sustainable development."

For her part, the Executive Director of the Imar Al-Ard Foundation, Ms. Samira Al-Qadi, expressed her appreciation for this partnership, indicating that the agreement represents a model to be emulated for collaboration between the banking sector and civil society institutions in promoting a culture of recycling and protecting natural resources.

The signing of this agreement is part of a series of environmental and social initiatives implemented by the Arab Islamic Bank, which focus on integrating sustainability principles into its various operations and banking activities, enhancing its position as a pioneering bank in this field.