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University of PalestineUniversity of Palestine
Collage of ManagmentCollage of Managment
Concepts of ManagmentConcepts of Managment
Prepared by :Prepared by :
Abed Al Kareem Rafeek Abed Al Kareem Rafeek AlfarraAlfarraPresented To:Presented To:
Eiz El-Arab El-Aroor Eiz El-Arab El-Aroor
Arab Islamic BankArab Islamic Bank
Outlines Introduction
Why Arab Islamic Bank ?
Arab Islamic Bank services
Treasury & Investment Banking
The biggest Shareholders
Board of Directors
Management & Directors
Most Important Financial Indicators (Million Dollars)
Management Challenges
Arab Islamic Bank Branches
The Financial Crisis
Introduction Introduction
• The Arab Islamic bank (AIB) was established as a The Arab Islamic bank (AIB) was established as a Palestinian publicPalestinian public
• Shareholding company in Jericho – Palestine on Jan 8, Shareholding company in Jericho – Palestine on Jan 8, 1995 under commercial registration Number 1995 under commercial registration Number 563201011 .563201011 .
• The Bank was granted the rights to start is services The Bank was granted the rights to start is services by the companies comptroller in Ram Allah early 1996. by the companies comptroller in Ram Allah early 1996.
• The Bank aims at accommodating banking and other The Bank aims at accommodating banking and other financial services and trading activities in accordance financial services and trading activities in accordance with Islamic Shariah (Laws) and as authorized by the with Islamic Shariah (Laws) and as authorized by the Palestinian Monetary Authority. Palestinian Monetary Authority.
• The Bank operates from its head office in EL-Bireh and The Bank operates from its head office in EL-Bireh and has 7 branches and one office operating in Palestine.has 7 branches and one office operating in Palestine.
IntroductionIntroduction
1.1. VisionVision To establish the Islamic banking systems as the To establish the Islamic banking systems as the
favored choice for banking and to facilitate the favored choice for banking and to facilitate the implementation of an equitable economic system in implementation of an equitable economic system in order to provide a strong foundation for establishing order to provide a strong foundation for establishing a fair and just society for humankind .a fair and just society for humankind .
2.2. Mission StatementMission Statement The Arab Islamic Bank is committed to developing The Arab Islamic Bank is committed to developing
and introducing innovative and pioneering Islamic and introducing innovative and pioneering Islamic banking solutions and services that meet the highest banking solutions and services that meet the highest quality standards through the continuous promotion quality standards through the continuous promotion of Islamic economic principles, teamwork approach, of Islamic economic principles, teamwork approach, staff training and valuing advises from all to better staff training and valuing advises from all to better serve the community …..serve the community …..
IntroductionIntroduction
3.3. Strategic Objectives Strategic Objectives 1 . Meet or exceed the needs and expectations of 1 . Meet or exceed the needs and expectations of
our customers according to the principles of the our customers according to the principles of the Islamic Shari a and maximize returns for depositors Islamic Shari a and maximize returns for depositors and shareholders and shareholders
2 . Develop and provide pioneering Islamic 2 . Develop and provide pioneering Islamic
banking solutions and services through latest banking solutions and services through latest technologies and communications methods in technologies and communications methods in response to increasing competition and customers response to increasing competition and customers demands for innovation …..demands for innovation …..
3 . Develop and improve the skills of our employees 3 . Develop and improve the skills of our employees
and utilize best available technologies well as and utilize best available technologies well as implement highest and professional standards ….implement highest and professional standards ….
Why Arab Islamic Bank Why Arab Islamic Bank ??
1 . Larges Islamic bank operating in Palestine in terms of 1 . Larges Islamic bank operating in Palestine in terms of assets, deposits and total financing and shareholders assets, deposits and total financing and shareholders equity …equity …
2 . Fifth largest bank among all banks operating in Palestine 2 . Fifth largest bank among all banks operating in Palestine Group and it is the second largest national bank ….Group and it is the second largest national bank ….
3 . The only Palestinian Bank with a rating (Capital 3 . The only Palestinian Bank with a rating (Capital Intelligence B+ - 2005) .Intelligence B+ - 2005) .
4 . A network of branches covering all major cities the West 4 . A network of branches covering all major cities the West Bank and Gaza Strip in addition to network of ATMs …..Bank and Gaza Strip in addition to network of ATMs …..
5 . Significant and distinctive correspondent banking 5 . Significant and distinctive correspondent banking relations with Islamic banks and financial institutions …relations with Islamic banks and financial institutions …
Arab Islamic Bank Arab Islamic Bank servicesservices
1.Commercial Finance
2.Retail Banking &Finance
3.Consumer finance products
Treasury & Investment Treasury & Investment BankingBanking
AIB actively pursues and employs an international investment strategy that is designed to deliver better
and consistent returns. Our Treasury and capital markets team of
professionals seeks to identify and participate in well structured and diversified vehicles and international investment opportunities that centers around trade
deals, Shock, and commodities. Our investors can participate in such deals to take advantage of professional and expert analysis as well
as avail excellent investment opportunities . We view our investors as partners keeping with the
spirit of Islamic banking and finance and as such we share the risks and returns.
The biggest The biggest ShareholdersShareholders
The Shareholder name
Global Investment House Company
AL Sharqia Chemical Company For Production Medicines
Bank of Jordan
The Arab Gulf Company For Investment and General Transport
Jordanian Al Eqbal Company Trade
The Arab Distribution Company
Tawfik Shaker Fakhouri
Rema Talal kazem Nasser AL Din
Amwal Company Invest
Jan Joseph Eissa Shamoun
Board of DirectorsBoard of DirectorsMr.Walid T. Fakhouri- Chairman Of The Board Of Directors- Mr.Walid T. Fakhouri- Chairman Of The Board Of Directors-
Representative- The Arab Gulf Company For Investment & General Representative- The Arab Gulf Company For Investment & General TransportTransport
Mr. Yahia Zakariah Qadamani – Vice Chairman of The DirectorsMr. Yahia Zakariah Qadamani – Vice Chairman of The Directors
Mr. Mohie Eddin Al-Hussaini-Represntatie – Jordanian Al Eqbal Co. Mr. Mohie Eddin Al-Hussaini-Represntatie – Jordanian Al Eqbal Co. For General Trade For General Trade
Mr. Salah Eddin Al-sharifMr. Salah Eddin Al-sharif
Mr. Shaker Tawfiq FakhuoriMr. Shaker Tawfiq Fakhuori
Mr. Sam Bahour – Representative – Farah Appliances Appliances Mr. Sam Bahour – Representative – Farah Appliances Appliances CompanyCompany
Mr.Ragheb Nader Al-Aref – Representative – Norh International Mr.Ragheb Nader Al-Aref – Representative – Norh International International Industrial Co.International Industrial Co.
Mr.Atiyeh Shananier – Representative Al-yamama co.Mr.Atiyeh Shananier – Representative Al-yamama co.
Dr. Solaiman Al-abbadi – Representative – The Arab Distribution Dr. Solaiman Al-abbadi – Representative – The Arab Distribution CompanyCompany
ManagemManagement ent & &
DirectorsDirectors
Management Executive
Atiyeh A. Shananier – General Manager
Abed Al-Fattah Odeh – Deputy General Manager
Taghrid Amireh – Assistant General Manager
Monther Odeh – Executive Dirctor Financr Finance & Investment
Amjad G.Jaabari – Executive Director – Banks Operaion
Hamoda Abu Azize - Executive Director – Treasury & Capital Markets
Tayseer Katoosh – Director of Financial Department
Khaled Awartani – Director of Organization and Work Procedures
Riyad Jaddal – Risk Management
Mustafa Abu Khezaran – Communication and IT Development
Ibrahem Abu Raida – Director of SMES
Saeed Shabaneh – Director of Human resources
Abdul Nasser Khewish – Director of Human resources
Jamal Qadamani – Director of Facilities & Supplies
Mohammad Al Qadee – Direcor Deputy of Retail Financing
Walid Al-Shayed - Director of Legal Department
Nabil Hafez – Compliance Officer
Most Important Financial Most Important Financial IndicatorsIndicators
(Million Dollars)(Million Dollars) The Future Plan 2009 Includes: 1- To maintain increasing the of returns on assets
and capital to reach about 2-3% and 15-20% respectively .
2- Maintain a growth rate on the budget level of not less than 20% .
3- Expand the area of the banks activity with special focus on the retail and retail and corporate sectors as well as the institutional and investment activity of the bank .
The Future Plan 2009 Includes:
Most Important Financial Most Important Financial IndicatorsIndicators
(Million Dollars)(Million Dollars)
4- Continue developing human resources and training plans in order to elevate the skill level, scientific knowledge, and the experience of our staff, utilizing the best and most up-to-date tools and methods and raise the level of professional satisfaction.
5- Continue implementing a number a strategic projects and plans related to work procedures and restructuring, including centralizing operations and increasing the number of marketing operations and reducing costs.
Management ChallengesManagement Challenges
Item 2003 2004 2005 2006 2007
Total Asses 109.04
144 185 219 302
Net Financing 43.31 69.50
91 92 95
Checking Accounts 25.62 83.44
39 38 54
Saving Accounts and Deposits
58.02 73.07
80 91 113
Restricted Investment Accounts
43.11 35.54
47 69 104
Paid-Up Capital 16.88 16.88
21 31 36
Shareholders Rights 17.29 17.71
24 34 41
Total Revenue 3.89 5.85 9.57 10.81 14
Total Expenditures 3.48 4.88 5.27 6.10 7.8
Net Income Before Taxes And Zakat
0.41 0.97 4.30 4.71 6.2
Arab Islamic Bank Arab Islamic Bank BranchesBranches
Headquarter – 92 Employees
AL-Bireh Branch – 11 Employees
Tulkarem Branch – 8 Employees
Jenin Branch – 10 Employees
Nablus Branch – 8 Employees
Hebron Branch - 11 Employees
Gaza Branch – 13 Employees
Khanyunes Branch – 10 Employees
American University Office – 3 Employees
The Financial CrisisThe Financial Crisis
The Arabic Islamic Bank was not affected with the financial crisis due to the fact that Gaza strip is under closures and is separated from the outer world …. The only effect is that the share has changed from 1.92 to 1.16 …
Thank You…Thank You…
Question ?!Question ?!