Adnan added that the production of electrical energy using solar cells come in Bank attention to its responsibilities towards the community and the environment, and the use of solar cells contributes to the adoption of clean energy.
Musa Abdul Aziz Shihadeh Vice Chairman, and CEO of Jordan Islamic Bank (JIB ) said that the first branch of the Jordan Islamic Bank start getting benefit from the power generation and by exploitation space on the roofs of the bank’s branches for the installation of solar cells, and that the Bank seeks to disseminate to all branches and offices, amounting to 80 branches and offices, which achieves savings and a reduction in the electricity bill incurred by the bank, and contributes to the alleviation of high electrical loads in the Kingdom, thus contributing to the national economy and environmental protection.
The Jordan Islamic Bank is one of the main Islamic banks in Jordan and the Arab states, where it has a proven track record of excellence successes. The Bank has a branch network of 80 branches and offices, employing about 2,000 employees, which embodies the vital role played by the Bank in the Jordanian economy.
Al Baraka Banking Group is a Bahrain Joint Stock Company licensed as an Islamic wholesale bank by Central Bank of Bahrain, listed on Bahrain Bourse and Nasdaq Dubai stock exchanges. It is a leading international Islamic banking group providing its unique services in countries with a population totaling around one billion and is rated by Standard & Poor’s at BB+ (long term) / B (short term). Al Baraka offers retail, corporate, treasury and investment banking services, strictly in accordance with the principles of the Islamic Shari’a. The authorised capital of Al Baraka is US$ 1.5 billion, while total equity is at about $1.9 billion.
The Group has a wide geographical presence in the form of subsidiary banking Units and representative offices in fifteen countries, which in turn provide their services through more than 450 branches. Al Baraka currently has a strong presence in Jordan, Tunisia, Sudan, Turkey, Bahrain, Egypt, Algeria, Pakistan, South Africa, Lebanon, Syria, Indonesia, Libya, Iraq and Saudi Arabia.