Amman, Jordan: Jordan Islamic bank recently announced the launch of its new corporate identity and logo during a press conference held on Wednesday June the 30th at Le Meridian Hotel.
The press conference was attended by CEO and a Member of the Board of Directors for Al Baraka Banking Group Co. Mr. Adana Ahmad Yousef and Jordan Islamic Bank's Vice Chairman and General Manager Mr. Mousa Abdul Aziz Shihadeh, in addition to a number of VIPs and local and international media representatives.
Commenting on the launch of the new identity and logo, Mr. Yousef said:" The changes Jordan Islamic Bank is currently witnessing is a part of Al Baraka Banking Group ongoing strategy to operate under a Unified Name and Corporate Identity in all its markets. It reflects our objectives for this next phase; bringing the latest in banking and meet the ever-growing demand in compliance with the principles of Islam."
During the press conference, Mr. Shihadeh explained that the launch of the new corporate identity comes in line with Jordan Islamic Bank vision and Al Baraka Group's plans to enhance the Islamic banking experience in the Arab region and the world. He also stressed that having a unified corporate identity will give Jordan Islamic bank the opportunity to offer an added value to customers and enhance transparency and communication to ensure customer satisfaction.
Mr. Yousef also talked about Jordan Islamic Bank's new identity and logo, which reflects the Banks' image as a state-of-the-art banking facility that understands the ever-changing demands of the banking industry and strives to meet these demands and foster a long and undeviating partnership with its customers. The Two colors; red and yellow, along with the unique design inspired by the authenticity of Arabic and Islamic calligraphy, are combined together to symbolize the quality, diversity and ingenuity of Jordan Islamic Bank. The new Logo is a vibrant manifestation of Jordan Islamic bank unmatched ability to translate its customers needs and demands into an extensive array of first class services.
The press conference was concluded with an announcement of Jordan Islamic bank's recent achievements; the bank was recently named the best Islamic retail bank in the world and the best Islamic bank group in Jordan for 2010, by World Finance Magazine- London. It was also selected by Global Finance Magazine as the best Islamic financial institution in Jordan for 2008 & 2009, for its significant contribution to the growth of Islamic Finance.
Jordan Islamic Bank for Finance and Investment was established in 1978, as a public shareholding limited company, to carry out all kinds of banking, financing and investment business operations in compliance with the glorious Islamic Sharia' and in accordance with the provisions of Jordan Islamic Bank's Special Law, which was superseded by one chapter on Islamic banks in the Banks' Law which was in effect as of August, 2000. The bank's authorized capital for 2009 was 100 million Jordan Dinars (around 141 million USD).
Al Baraka Banking Group is a Bahraini Joint Stock Company listed on Bahrain Stock Exchange and NASDAQ Dubai Stock exchange. It is also a leading international Islamic banking group with a wide geographical presence in the form of banking Units and representative offices in twelve countries, providing services through 300 branches.
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About JORDAN ISLAMIC BANK
Jordan Islamic Bank for Finance and Investment was established in 1978, as a public shareholding limited company to carry out all kinds of banking, financing and investment business operations in compliance with the Islamic Sharia' and in accordance with the provisions of Jordan Islamic Bank's Special Law, which was superseded by one chapter on Islamic banks in the Banks' Law which was in effect as of 2nd August, 2000.
The Bank's first branch commenced its business on 22/9/1979, with a paid up capital of about JD (2) million from its authorized capital that reached JD (4) million. The Bank's capital became JD (100) million, equivalent to about USD (141) million, after getting the approval of the Financial Securities Committee on August 26th, 2009.
The Bank offers its banking, financing and investment services through its (59) branches and (12) cash offices in the different locations in the country, as well as through the Bonded office. The Bank also presents services through (80) ATMs all over the country.
The Bank's staff reached 1755 employees with rich knowledge and extensive experience to provide Islamic banking services. The number of the clients' accounts performing in the Bank reached about JD (736) thousand. The Bank was able to grow rapidly and enhance its position among Jordanian banks. In addition, the Bank presents banking and investment services to the clients in conformity with the Rules of Sharia', which has a special method of Islamic economy and adopts a vision of money function different from that of other conventional banks.
© Press Release 2010
