Islamic International Rating Agency (IIRA) has reaffirmed its Shari’a Quality Rating of AA (SQR) assigned to Jordan Islamic Bank (JIB). This rating indicates JIB’s conformance to very high standards of Shari’a compliance in all aspects of Shari’a quality analysis.
Owned in majority by the Al Baraka Banking Group (ABG), one of the most prominent Islamic Banking Groups in the world, JIB is the largest Islamic bank in Jordan. Commitment to maintaining and enhancing the level of compliance with the spirit of Shari’a rulings in Islamic finance, stems from the vision of ABG and the Board of Directors of JIB, as well as the bank’s managerial leadership………………………………………..Full Article: Source