The Jordanian government announced its intention to establish regional center for Islamic finance. By now, the total amount of Islamic assets in the country reaches 5% of total banking assets. Islamic banks of Jordan perform considerably better than traditional banks as they offer various unique services and products.
Fitch Ratings has today affirmed Jordan Islamic Bank for Finance and Investment's (JIB) ratings at Long-term Issuer Default (IDR) 'BB-' (BB minus) with stable outlook, Short-term IDR 'B', Individual 'C/D' and Support '3'.