Company Lookup
Download Demo

Market News

This Month News

This Month News

send to a friend by email

Offering the shares of the Islamic Bank Al-Safa for IPO


Palestine Capital Market Authority PCMA approved the prospectus of offering the shares of Islamic Bank Al-Safa- the new Islamic bank in Palestine- by an amount of 38,045,000 shares for Initial Public Offering IPO. Issuance price is $1 per share to be paid fully. The bank will be the third Islamic bank in Palestine after Palestine Islamic Bank ISBK and the Arab Islamic Bank AIB. It is good to note that the Islamic Bank Al-Safa has an authorized capital of $75,000,000 divided to 75,000,000 shares with $1 par value per share. While the founders subscribed to a total of 36,955,000 shares and have paid 100% of their contribution value. PCMA noted that the subscription will take place in the coming days with a minimum subscription amount of 500 shares for each application through Cairo-Amman Bank branches in Palestine.


APC records net income of JD0.82 million in 9M 2021

ARAB posts net income of JD0.02 million in 9M 2021

Al-Quds Index in a narrow range amid an increase in 9M financial data disclosures anticipation

PHARMACARE recommends distributing 10% cash dividends for the year 2020

A transaction on the stocks of TRSUT raises the trading value in the PEX

Al-Quds Index rebounds upwards in the first week of October



Sahem Trading & Investments Company - PEX Member and licensed by PCMA
© All Rights Reserved 2013