What Does Palestine Islamic Bank Do?

Total employees837
HeadquartersRamallah
Founded1995

Palestine Islamic Bank (PIB) is a leading financial institution in Palestine, operating in accordance with Islamic Sharia principles. Established in 1995 and commencing its banking operations in early 1997, PIB offers a wide array of Sharia-compliant banking services and financial solutions to individuals, SMEs, and corporate clients. The bank is committed to ethical banking, sustainable development, and contributing to the Palestinian economy. It has a significant presence across Palestine with a network of branches and ATMs, focusing on innovation and customer-centric services, including advanced digital banking platforms.

Where Is Palestine Islamic Bank's Headquarters?

HQ Function

The headquarters houses the bank's core administrative, strategic planning, corporate governance, and key operational departments.

Notable Features:

A modern banking facility equipped to support the bank's extensive network and digital transformation initiatives.

Work Culture:

The work culture at PIB emphasizes professionalism, ethical conduct in line with Islamic finance principles, customer service excellence, and continuous development.

HQ Significance:

The headquarters is pivotal for coordinating the bank's nationwide operations, policy implementation, and its role in the Palestinian financial sector.

Values Reflected in HQ: The headquarters embodies the bank's values of integrity, transparency, innovation, and community service within the framework of Islamic finance.

Location:

Palestine Islamic Bank's operations are primarily concentrated within Palestine (West Bank and Gaza Strip). While it doesn't have physical international branches, it engages in correspondent banking relationships with international financial institutions to facilitate international trade finance, remittances, and other cross-border transactions for its customers, supporting their global financial needs from its domestic base.

Street Address:

General Management Building, Al-Masyoun, P.O. Box 646

City:

Ramallah

State/Province:

West Bank

Country:

Palestine

Where Else Does Palestine Islamic Bank Operate Around the World?

Nablus, Palestine

Address: Sufian Street, Nablus Commercial Complex, Nablus

Serves as a key financial hub for Nablus, a significant commercial and population center, facilitating local economic activities.

Gaza City, Palestine

Address: Omar Al-Mukhtar Street, Gaza City

Provides vital financial access and support for personal and business banking needs within the Gaza region.

Hebron, Palestine

Address: Ein Sarah Street, Hebron

Supports the economic and social fabric of Hebron and surrounding areas through accessible and ethical financial services.

Jenin, Palestine

Address: Abu Baker Street, Jenin

Facilitates financial transactions and economic development in the northernmost part of the West Bank.

Buying Intent Signals for Palestine Islamic Bank

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Palestine Islamic Bank? Meet the Executive Team

As of April 2025, Palestine Islamic Bank' leadership includes:

Maher Masri - Chairman of the Board of Directors
Dr. Imad Al-Sadi - General Manager (CEO)
Bayan Qasem - Deputy General Manager
Rami Taha - Assistant General Manager for Branches
Asem Masri - Assistant General Manager for Credit Facilities

Who's Investing in Palestine Islamic Bank?

Palestine Islamic Bank has been backed by several prominent investors over the years, including:

Palestine Investment Fund (PIF)
Bank of Palestine (BOP)
Publicly Traded on Palestine Exchange (PEX: PIB)
Various institutional and individual shareholders

What Leadership Changes Has Palestine Islamic Bank Seen Recently?

Hire0
Exits0

Information regarding specific high-level executive hires or exits for Palestine Islamic Bank is typically disseminated through official bank announcements, annual reports, or filings with the Palestine Exchange. No major widely publicized changes have been noted in general news sources in the immediate past 12 months outside of routine board member elections or re-appointments at AGMs. For the most current details, official bank publications are recommended.

New Appointments:

Board Members (various), As per standard governance, board members may be elected or re-elected during the Annual General Meeting. For instance, the AGM in April 2023 confirmed board composition.

What Technology (Tech Stack) Is Used byPalestine Islamic Bank?

Discover the tools Palestine Islamic Bank uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Palestine Islamic Bank Email Formats and Examples

Palestine Islamic Bank likely utilizes common corporate email structures. Based on standard practices and the domain 'pib.ps', common formats include first initial followed by last name, or first name separated by a dot from the last name.

f[last_name]@pib.ps (e.g., jdoe@pib.ps) or [first_name].[last_name]@pib.ps (e.g., jane.doe@pib.ps)

Format

ial-sadi@pib.ps

Example

80%

Success rate

What's the Latest News About Palestine Islamic Bank?

Palestine News & Info Agency (WAFA)February 15, 2024

Palestine Islamic Bank profits soar by 21% in 2023

Palestine Islamic Bank (PIB) announced that its net profits for the year 2023 surged by 21% compared to the previous year, reaching $21.1 million. The bank's assets grew by 6.6% to $1.8 billion, and customer deposits increased by 5.3% to $1.4 billion....more

PIB Website NewsApril 25, 2024

PIB General Assembly Approves Board of Directors’ Recommendation to Distribute Profits to Shareholders for 12% for 2023

The General Assembly of Palestine Islamic Bank (PIB) approved the recommendation of the Board of Directors to distribute profits to shareholders at a rate of 12% of the nominal share value for the year 2023. This decision was made during the ordinary annual meeting held in Ramallah....more

PIB Website NewsNovember 16, 2023

Palestine Islamic Bank (PIB) launches a first-of-its-kind service in Palestine: Cash withdrawal cardless from ATMs

Palestine Islamic Bank announced the launch of its cardless cash withdrawal service from ATMs, a first in Palestine. This service allows customers to withdraw cash using the Islami Mobile and Islami Online applications without needing a physical card, enhancing convenience and security....more

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