Completion of the Share Capital Increase of the Safwa Islamic Bank Co.
On Wednesday 17/06/2026 the SDC completed the process of registering the share capital increase of (30,000,000) shares of the Safwa Islamic Bank Company.
The share capital increase reflects capitalization the amount and distributing them as stock dividends to all shareholders of the company in proportion to the percentage of their contributions in the company capital. This is the fifteenth day after the Jordan Securities Commission approved the registration of the share capital increase.
Thereby, the SDC records of the Safwa Islamic Bank Company indicates the raise of its capital from (150,000,000) shares to a registered capital of (180,000,000) shares as a result of the mentioned share capital increase.
The above-mentioned procedure is conducted based upon the company's General Assembly's resolution made in its extraordinary meeting held on 23/04/2026 which was granted the approval of the Ministry of Industry, Trade and Supply on 05/05/2026, and upon the approval of the Jordan Securities Commission on the share capital increase issued on 03/06/2026.

