Khaberni - The ordinary general assembly of the International Islamic Arab Bank held its twenty-ninth meeting using video communication and electronic technology to consider matters listed on its agenda.
The meeting was presided over by Mr. "Mohamed Saeed" Shaheen - Chairman of the Board, attended by all board members, the general manager, members of the Sharia Supervisory Board, and the external auditor. The meeting was also attended by the general controller of companies His Excellency Dr. Wael Al-Armouti and representatives from the Central Bank of Jordan.
During its ordinary meeting, the general assembly of the International Islamic Arab Bank agreed to distribute profits amounting to 26 million dinars in cash, equivalent to 26 percent of the bank's capital to the sole owner and shareholder, Arab Bank.
Mr. Shaheen announced the bank's financial results for the fiscal year ending 31/12/2025, where direct credit facilities amounted to 2,347 million dinars compared to 2,102 million dinars for the year 2024, representing a growth rate of 12%. Meanwhile, the balance of customer deposits and cash securities (including restricted deposits) amounted to 3,707 million dinars compared to 3,295 million dinars for the year 2024, achieving a growth rate of 13%. The total equity increased to 327 million dinars compared to 298 million dinars as in 2024, with a growth rate of 9.5%. The results also showed profits amounting to 52 million dinars after tax compared to 45 million dinars in 2024, with a growth rate of 16%. The return on assets was 1.24% and the return on equity was 15.95%. The capital adequacy ratio was 18.86%, exceeding the ratio required by the Central Bank of Jordan which is 12%.
In turn, the general manager of the bank, Mr. Eyad Al-Assali, affirmed the continued efforts to enhance the relationship with the bank's clients by introducing solutions and products that support their business, meet their needs, and help develop their projects, contributing to revitalizing the national economy and supporting the plans of reform and development, expressing deep appreciation for the bank's customers for their trust and ongoing support which enabled the bank to achieve these results, and to the management and staff of the International Islamic Arab Bank for their dedication, devotion, and constant drive towards the bank's progress and prosperity.
At the end of the meeting, Mr. Shaheen expressed thanks and appreciation to the Central Bank of Jordan represented by its management and its technical departments for their efforts and professionalism and their keenness to improve the performance and standing of the Jordanian banking system and the national economy. Thanks were also given to His Excellency Dr. Wael Al-Armouti for attending the meeting and to the team of the Company's Monitor for their continuous support, affirming the bank's commitment to continuing the path of growth and prosperity under the wise Hashemite leadership.
