AMMAN: Jordan Islamic Bank is the country’s largest Islamic finance provider. In December 2017, its CEO – his excellency Mr Musa Shihadeh – signed an agreement to establish a solar power station, to provide renewable energy to its branches. It’s a concrete example of the bank’s commitment to social responsibility and sustainability.
Musa Shihadeh explains the ambition behind the solar plant, and how Jordan Islamic Bank supports local businesses in their sustainability efforts – all with the drive to serve the economy of Jordan and make banking simple, fair and transparent for the Jordanian people.This plant will cover 85 percent of our needs for electricity without oil, from the sunshine. And this will cover one third of our branches in the Amman area. That helps us by saving over the five years almost 50 percent of our costs of energy. Saving the government of Jordan foreign currency for importing oil, help the economy, and create a clean product for the climate and the country.
