Musa Shihadeh on financing energy | Jordan Islamic Bank
World Finance interviews Musa Shihadeh, CEO of Jordan Islamic Bank, on how it has been supporting growth in Jordan by assisting the government with five energy financing projects
Jordan Islamic Bank started in the early 1980s as a small bank with $3m in capital. Its growth since then has been impressive: it holds 8.3 percent of assets in Jordan’s banking sector, and has a return on shareholder equity of 16.74 percent, the highest in the country.
CEO Musa Shihadeh outlines how this growth has gone hand-in-hand with a commitment to servicing the community, including financing energy opportunities for a country formerly reliant on Egypt for its petrol.