Ijara

The Palestine Private Limited Company (Ijara) is engaged in Islamic leasing business activities targeting small and medium enterprises in accordance with the Islamic Sharia

It was established in Ramallah with an authorized capital of USD $12,000,000. In 2013, 2015 and 2016, the Bank paid USD $1,000,000, USD $1,000,000 and USD $2,000,000 representing 25%, 25% and 50%, respectively, of its shareholding in the Company's subscribed capital. As of December 31, 2016, the paid-up share capital of Ijara was $12,000,000.

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