The Arab Islamic Bank Holds Its 30th Annual General Assembly Meeting

SadaNews - The Arab Islamic Bank held its 30th Annual General Assembly meeting for the year 2025 at its headquarters in the Al-Masyoun neighborhood of Ramallah, attended by Rushdi Al-Ghalayini, Chairman of the Board, General Manager Mr. Hani Nasser, Dr. Mohamed Hanini, Chairman of the Sharia Control Authority of the bank, Financial Manager Maisara Salama, and Legal Department Director Ms. Adiba Afana, secretary of the session, along with representatives from the Companies Registrar, the Palestinian Monetary Authority, the Capital Market Authority, the Palestine Stock Exchange, in addition to Ernst & Young, the bank’s auditors, and the Itqan Law Firm, the bank's legal advisor, along with a number of shareholders, board members, and executive management, with approximately 85% attendance from shareholders.

In his speech, Al-Ghalayini confirmed that the bank continued to achieve strong and stable performance during 2025, despite ongoing economic challenges. He noted that the bank successfully enhanced its position as one of the largest banks in the Palestinian banking market, thanks to its operational flexibility and commitment to a sustainable growth strategy. He explained that the bank's total assets rose to nearly 2 billion dollars, while net direct financing reached about 1.1 billion dollars, and customer deposits stood at around 1.5 billion dollars, reflecting growing customer confidence in the bank.

He added that the bank achieved a net profit of approximately 5.4 million dollars, with a remarkable growth rate compared to the previous year, while continuing to implement an advanced precautionary policy through credit provisions exceeding 28 million dollars, enhancing its financial position and ability to face risks. He also pointed out that the bank continued to develop its governance and risk management systems, executing quality projects that strengthened institutional readiness, in addition to expanding its digital transformation and electronic payment services, and working on developing Islamic credit cards set to be launched in early 2026.
Al-Ghalayini confirmed the bank's commitment to its social role, with its contributions to sustainability and social responsibility exceeding half a million dollars, targeting sectors such as education and health, and empowering the most vulnerable groups, affirming the bank's developmental role alongside its banking role.

For his part, General Manager Hani Nasser explained that the bank maintained stable market shares of approximately 7% for assets, 9% for direct financing, and 7% for customer deposits to maintain its advanced position in the Palestinian banking market. He added that the bank continued to implement advanced technical and operational projects, which included the development of compliance systems, information security, and cybersecurity, along with launching digital banking services such as cardless withdrawals and enhancing the efficiency of electronic channels. The bank also focused on automating internal operations and improving customer experience, which positively reflected on service quality and speed of execution.

He pointed out that the bank continued to expand its strategic partnerships and implement initiatives to support productive and educational sectors, in addition to launching awareness campaigns to promote savings and the use of electronic payment methods, and investing in developing human resources, reinforcing a culture of innovation and institutional sustainability.
In this context, the Arab Islamic Bank continued to enhance its institutional presence both locally and internationally during 2025, through receiving several prestigious awards and certificates that reflect the quality of its performance and its commitment to global standards, having won the award for Best Islamic Bank in Palestine from EMEA Finance, in addition to the Best Islamic Bank for Corporates in Palestine and the Best Islamic Bank in Digital Services from (IFN) magazine. Moreover, it renewed its receipt for the second consecutive year of the PCI DSS compliance certificate for payment card data security standards, along with the international ISO 27001 certificate in information security management, which strengthens clients' and shareholders' trust, and confirms the robustness of the technological and regulatory frameworks the bank relies on in its operations.

Nasser confirmed that the bank is continuing to invest in digital transformation and modern technologies, contributing to the provision of more efficient and secure services, supporting the shift towards a digital economy with less reliance on cash, and enhancing financial inclusion for all segments of the Palestinian community.

The General Assembly approved the Board of Directors' report and the audited financial statements for the year ended on 31/12/2025, and acquitted the Board members for that period, and made the necessary decisions according to the meeting’s agenda.