Jordan Islamic Bank (JOIB)

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News

25 October 2016 11:08 AM JIB profits for Q3 rise 38%

Mubasher: Jordan Islamic Bank’s (JIB) profits for the third quarter of fiscal 2016 leapt by 37.96% to JOD 13.96 million ($19.63 million), compared to JOD 10.12 million ($14.23 million) for Q3-15. Net profit after tax for the first nine months of …

Financial Results

28 July 2016 00:58 PM Jordan Islamic Bank Profits up 19% in Q2

Mubasher: Jordan Islamic Bank (JIB) on Thursday reported an 18.7% year-on-year increase in net profits in the second quarter of 2016, to JOD 16.22 million ($22.8 million), compared to JOD 13.66 million ($19.2 million). Profits in the first six …

Financial Results

16 March 2016 01:24 PM Fitch revises Jordan Islamic Bank, Bank of Jordan's outlooks

Mubasher: Fitch Ratings revised on Wednesday outlooks for Jordan Islamic Bank (JIB) and Bank of Jordan (BOJ) to Negative from Stable. Meanwhile, the rating agency affirmed the two banks’ long-term issuer default ratings (IDRs) at 'BB-'. Fitch has …

Ratings

27 January 2016 00:28 PM IIRA reaffirms JIB’s shariah quality rating

Mubasher: Islamic International Rating Agency (IIRA) has reaffirmed its shariah quality rating for Jordan Islamic bank (JIB) at “AA” for the seventh  year in a row. The bank complied with Sharia in transactions, financing and governance standards, …

Sukuk and Islamic Finance

28 December 2015 10:42 AM Capital Intelligence affirms Jordan’s JIP ratings

Mubasher: Capital Intelligence (CI), the international credit rating agency, reiterated  Jordan Islamic Bank’s (JIB) long- and short-term foreign currency ratings at the level of “-BB” and “B” respectively with a Stable Outlook. JIB said in a …

Ratings

25 October 2015 11:10 AM Jordan Islamic Bank 9M profit rises 6%

Mubasher: Jordan Islamic Bank posted JOD 35.1 million ($49.4 million) net profit for the first nine months of 2015, up 6.05% year-on-year from JOD 33.1 million ($46.5 million). The Amman-listed lender earlier reported 10.17% growth in net profit …

Sukuk and Islamic Finance

9 February 2015 04:41 PM JIB sees JOD 45m profit in FY14

Cairo-Mubasher: Jordan Islamic Bank (JIB) posted its financial results to the Amman Stock Exchange (ASE) for the fiscal year 2014, during which it reported a profit of JOD 45.1 million ($63.3 million), the same amount it achieved the year …

Financial Results

18 December 2014 10:41 AM JIB receives regulatory approval for Sukuk issuance

Amman-listed Islamic Bank (JIB) announced that its General Assembly agreed to amend the third item of the Memorandum and Articles of Association in order to issue Islamic Sukuk, invest in them, and establish and register a …

Bonds

30 November 2014 00:56 PM SAS Supports JIB with Risk Management Solutions

SAS, the leader in business analytics software and services, announced today the signing of a strategic collaboration with Jordan Islamic Bank (JIB) to provide the bank Enterprise Governance, Risk and Compliance (EGRC), …

Banking and Finance

18 November 2014 04:15 PM S&P revises 2 Jordanian banks’ ratings, upgrades to stable

Standard & Poor's (S&P) Ratings Services revised its outlook on Jordan-based Arab Bank (AB) and Jordan Islamic Bank (JIB) from negative to stable, affirming its long-and short-term counterparty ratings on both banks at …

Banking and Finance

27 October 2014 11:39 AM JIB announces its financials in 9M

Jordan Islamic Bank (JIB) announced its unaudited interim condensed financial results for the first nine months of 2014.Mr. Adnan Ahmad Yousif, Chairman of the Board of Directors of JIB and CEO of the Bahrain-based Al Baraka Banking …

Corporate Actions

6 August 2014 02:25 PM Jordan Islamic Bank profits down to JOD 22.7 mln

Profits of Jordan Islamic Bank declined by 7.9% to JOD 22.72 million in the first half of 2014 compared to JOD 24.68 million in the first half of 2013. As a result, earnings per share declined to JOD 0.151 in the first half compared …

Banking and Finance