Address: Amman
City: Amman
Country: Jordan
Facts
Sector (Specialty)
About
Jordan Islamic Bank is working towards a ‘Green Leadership Lighting the Path to Sustainability’.
In an era where the world is rapidly moving towards a more environmentally conscious future and a greater commitment to sustainable development, Jordan Islamic Bank stands as a pillar of leadership in green finance, embodying its profound mission "To provide innovative Islamic financial solutions that offer a distinctive customer experience covering all stages of life, utilizing the best digital technologies, thereby enhancing financial inclusion and leaving a positive impact on society."
This commitment is not a temporary slogan, but rather a long-term path firmly rooted in the bank's core mission, practically translated through its participation in achieving the national strategy for combating climate change and promoting the green economy.
Jordan Islamic Bank continues to affirm its presence in the sustainable finance landscape by directing its resources towards projects that protect the environment and reduce its negative impact. It works to promote the use of renewable energy, conserve natural resources, and striving to improve energy efficiency and to enhance innovative digital solutions, making technology an ally of sustainability in the journey towards a smarter bank in promoting the green economy.
The bank has adopted a flexible and sustainable strategy for the years 2025 to 2029, aligned with the Kingdom's economic modernization vision and consistent with the national strategies and initiatives launched by the Central Bank of Jordan in the areas of financial inclusion, green finance, digital payments, financing and support programs for Small and Medium Enterprises, while committing to Environmental, Social, and Governance (ESG) principles and standards as foundations for sustainable success.
With a mindset that combines Sharia-compliant principles with environmental innovation, the bank offers financial solutions to empower citizens to meet their renewable energy needs through carefully designed financing products offered on easy terms and at preferential profit rates. These products include financing for hybrid and electric cars, solar water heaters and alternative energy systems ("Shamsuna" product), and solar power generation projects (Istisna’a contract).
The bank also signed a cooperation agreement with the Renewable Energy and Energy Efficiency Fund/Ministry of Energy and Mineral Resources, aiming to encourage citizens from all categories to use renewable energy by facilitating the financing process and enabling them to benefit from the financial support provided by the fund. Furthermore, the bank has contributed to supporting the installation and operation of solar power units for electricity generation in various institutions, including schools and mosques, making these institutions beacons of clean energy and environmental awareness.
Projects
Project Sheets
Facts
• First Jordanian bank to integrate solar energy into its operations, since 2013.
• 77 branches and offices benefiting from solar energy systems.
• Replaced traditional lighting units with energy-efficient LED lights.
• Adopted advanced VRF air conditioning systems to reduce electricity consumption.
• Installed water-saving fixtures.