Khaberni - CRIF Jordan for Credit Information announced the signing of a credit inquiry service agreement with the Islamic Finance specialist company, licensed by the Central Bank of Jordan, owned and affiliated with the Specialized Leasing Finance Company - a member of the Housing Bank group.
The agreement was signed by General Manager of CRIF Jordan, Dr. Ahmed Amoudi, and the Chairman of the Board of Directors of the Islamic Finance specialist company, Raad Abu Rasa'a, in the presence of the General Manager of the Islamic Finance specialist company, Marwan Abu Youssef, alongside several members of the executive management from both sides.
The agreement aims to enhance the efficiency of credit inquiry for the Islamic Finance specialist company, thereby improving risk management and supporting its credit decisions, enabling it to develop comprehensive, innovative, more flexible, and sustainable Islamic financial products and services. This will enhance its qualitative launch and market share, and reflect on the Islamic finance sector, benefiting from the quality of CRIF Jordan's databases, and from the institutional umbrella and operational expertise and resources provided by the Specialized Leasing Finance Company.
Dr. Amoudi said that this agreement comes within CRIF Jordan's strategy to expand its service network to include finance companies operating in the Kingdom, and enabling them to access accurate and reliable credit data, in line with the provisions of the Credit Information Law, contributing to the robustness of the financial sector and enhancing the efficiency of financing decisions.
On his part, Abu Rasa’a stated that signing the agreement reflects the Islamic Finance specialist company's commitment to developing credit assessment tools, enhancing the risk management system, and improving the quality of the financing portfolio, which supports institutional performance efficiency and keeps pace with developments in financial and banking markets. It also meets the needs of various customer segments, thereby enhancing financial inclusion and supporting economic growth.
