Islamic International Arab Bank
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Islamic International Arab Bank
Islamic International Arab Bank is a Jordanian bank that exercises its banking operations in accordance with the provisions of Islamic law in Jordanian, Arab and Islamic countries. The Islamic International Arab Bank commenced its banking operations in accordance with Islamic Sharia rules on the twelfth day of Shawal 1418 AH (9 February 1998). The Islamic International Arab Bank was established in the Hashemite Kingdom of Jordan as a public shareholding company in accordance with the Companies Law of 1989 and the company was registered in the Register of Public Shareholding companies under No. 327 on 30 March 1997. See also * Islam in Jordan The Hashemite Kingdom of Jordan is a majority Muslim country with 98% of the population following Sunni Islam while a small minority follow Shiite branches. There are also about 20,000 to 32,000 Druze living mostly in the north of Jordan, even th ... External links *{{cite web, url=http://www.iiabank.com.jo, title=البنك العربي ...
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Amman
Amman (; ar, عَمَّان, ' ; Ammonite language, Ammonite: 𐤓𐤁𐤕 𐤏𐤌𐤍 ''Rabat ʻAmān'') is the capital and largest city of Jordan, and the country's economic, political, and cultural center. With a population of 4,061,150 as of 2021, Amman is Jordan's primate city and is the List of largest cities in the Levant region by population, largest city in the Levant region, the list of largest cities in the Arab world, fifth-largest city in the Arab world, and the list of largest metropolitan areas of the Middle East, ninth largest metropolitan area in the Middle East. The earliest evidence of settlement in Amman dates to the 8th millennium BC, in a Neolithic site known as ʿAin Ghazal, 'Ain Ghazal, where the world's ʿAin Ghazal statues, oldest statues of the human form have been unearthed. During the Iron Age, the city was known as Rabat Aman and served as the capital of the Ammon, Ammonite Kingdom. In the 3rd century BC, Ptolemy II Philadelphus, Pharaoh of Ptole ...
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Jordan
Jordan ( ar, الأردن; tr. ' ), officially the Hashemite Kingdom of Jordan,; tr. ' is a country in Western Asia. It is situated at the crossroads of Asia, Africa, and Europe, within the Levant region, on the East Bank of the Jordan River. Jordan is bordered by Saudi Arabia to the south and east, Iraq to the northeast, Syria to the north, and the Palestinian West Bank, Israel, and the Dead Sea to the west. It has a coastline in its southwest on the Gulf of Aqaba's Red Sea, which separates Jordan from Egypt. Amman is Jordan's capital and largest city, as well as its economic, political, and cultural centre. Modern-day Jordan has been inhabited by humans since the Paleolithic period. Three stable kingdoms emerged there at the end of the Bronze Age: Ammon, Moab and Edom. In the third century BC, the Arab Nabataeans established their Kingdom with Petra as the capital. Later rulers of the Transjordan region include the Assyrian, Babylonian, Roman, Byzantine, Rashidun ...
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Sharia
Sharia (; ar, شريعة, sharīʿa ) is a body of religious law that forms a part of the Islamic tradition. It is derived from the religious precepts of Islam and is based on the sacred scriptures of Islam, particularly the Quran and the Hadith. In Arabic, the term ''sharīʿah'' refers to God's immutable divine law and is contrasted with ''fiqh'', which refers to its human scholarly interpretations. In the historical course, fiqh sects have emerged that reflect the preferences of certain societies and state administrations on behalf of people who are interested in the theoretical (method) and practical application (Ahkam / fatwa) studies of laws and rules, but sharia has never been a valid legal system on its own. It has been used together with " customary (Urf) law" since Omar or the Umayyads. It may also be wrong to think that the Sharia, as a religious argument or belief, is entirely within or related to Allah's commands and prohibitions. Several non-graded crimes are ...
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Islam In Jordan
The Hashemite Kingdom of Jordan is a majority Muslim country with 98% of the population following Sunni Islam while a small minority follow Shiite branches. There are also about 20,000 to 32,000 Druze living mostly in the north of Jordan, even though most Druze no longer consider themselves Muslim. Many Jordanian Muslims practice Sufism. The 1952 Constitution grants freedom of religion while stipulating that the king and his successors must be Muslims and sons of Muslim parents. Religious minorities include Christians of various denominations (1%) and even fewer adherents of other faiths. Jordan is a religious and conservative country. Islam in Social Life pre-1980s Despite a strong identification with and loyalty to Islam, religious practices varied among segments of Jordan's population. This unevenness in practice did not necessarily correlate with a rural-urban division or differing levels of education. The religious observance of some Jordanians was marked by beliefs and p ...
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Banks Established In 1998
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the an ...
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Banks Of Jordan
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Islamic Banks
Islam (; ar, ۘالِإسلَام, , ) is an Abrahamic monotheistic religion centred primarily around the Quran, a religious text considered by Muslims to be the direct word of God (or '' Allah'') as it was revealed to Muhammad, the main and final Islamic prophet.Peters, F. E. 2009. "Allāh." In , edited by J. L. Esposito. Oxford: Oxford University Press. . (See alsoquick reference) " e Muslims' understanding of Allāh is based...on the Qurʿān's public witness. Allāh is Unique, the Creator, Sovereign, and Judge of mankind. It is Allāh who directs the universe through his direct action on nature and who has guided human history through his prophets, Abraham, with whom he made his covenant, Moses/Moosa, Jesus/Eesa, and Muḥammad, through all of whom he founded his chosen communities, the 'Peoples of the Book.'" It is the world's second-largest religion behind Christianity, with its followers ranging between 1-1.8 billion globally, or around a quarter of the world's po ...
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