Safwa Islamic Bank Company Description

Safwa Islamic Bank, together with its subsidiaries, provides various banking products and services in Jordan.

It offers current and savings accounts, and investment deposits and certificates; prepaid profit deposit accounts; deposit boxes; hajj sukuk funds; car, personal, travel, education, real estate, and treatment financing, as well as goods, land, motorcycle, stocks, and solar systems and heaters financing; salary in advance; prepaid, credit, and ATM cards; and online and mobile banking, direct debit, and SMS services.

The company is also involved in the provision of corporate banking and cash management services; cash deposit machines; financing services for small, medium enterprises; Safwa Gold; capital market services; and buying and sale of securities.

In addition, it offers brokerage and treasury, and fund management; and refinancing services; point-of-sale devices; and corporate deposit card services.

The company was formerly known as Jordan Dubai Islamic Bank and changed its name to Safwa Islamic Bank in May 2017.

Safwa Islamic Bank was incorporated in 1963 and is headquartered in Amman, Jordan. Safwa Islamic Bank is a subsidiary of Etihad Islamic Investment Company.