Mubasher: Bank Al Etihad announced on Tuesday the completion of acquiring 13% of Jordan Dubai Islamic Bank (JDIB), according to a bourse filing.

As per the bank’s statement to the Amman Stock Exchange (ASE), the bank also owns 23% of JDIB’s capital, owned by one of its subsidiaries, which raises Al Etihad’s stake in the Jordan Dubai Islamic Bank to 36%.

The deal was completed after acquiring the approval of the central bank of Jordan (CBJ), the statement indicated.