Cham Bank (Arabic: بنك الشام) is the first Islamic bank to be established in Syria. It started operations in 2007. The Bank's operations and activities are supervised by the Central Bank of Syria.[1]
 | |
| Company type | Public |
|---|---|
| Industry | Islamic banking |
| Founded | 2006 |
| Headquarters | Abu Rummaneh, Damascus, Syria |
Area served | Syria |
Key people | Ali Youssef Alawadi (Chairman) Ahmad Al-Laham (CEO) |
409,588,265,156 Syrian pound (2023)  | |
| Total assets | 4,130,550,552,200 Syrian pound (2023) |
| Website | www.chambank.com |
Objectives of the bank
editCham Bank works to achieve an increase in the growth of returns, as this benefits customers and shareholders, as it works to ensure the safety and development of the banking system through the application of effective banking supervision and contribute to strengthening the base of deposits and investing them in various economic sectors under the frameworks of Islamic Sharia, and providing advanced banking services, products and facilities, and marketing it with high quality in accordance with the principles of Islamic Sharia for all customers, individuals and institutions that meet their needs and exceed their expectations.
Board of directors
editThe Board of Directors consists of the following persons:[2]
- Ali Yousef Al -Awadi, Chairman of the Board
- Ahmed Nabil Muhammad Rafiq Al -Kuzbari, Vice-Chairman of the Board
- Iyad Khaled Al Tabbaa, Member
- Eng. Ghyath Al Kutaini, Member
- Dr. Ali Mahran Khaunda, Member
- Oussama Taher, Member
- Muhammad Said Al Zaim, Member
Shariah Committee
editBeside the Board of Directors, it has the Islamic Committee which supervises and audits the implementation of Islamic activities according to the Quran. The Islamic committee members are approved by the general assembly.[3]
Members
edit1. Dr. Ahmed Mohamed Amin Hassan - Chairman of the Sharia Supervisory Board and Executive Member of the Authority
2. Abd al-Salam Abd al-Moneim Muhammadah - Vice-Chairman of the Shari'a Supervisory Board
3. Abdul Bari Muhammad Mishaal - Member of the Shariah Supervisory Board
Owners
editThe major shareholder of the bank is The Commercial Bank of Kuwait which is the second largest bank in Kuwait.
Branches
editThe bank has branches in Damascus, Aleppo, Hama, Homs, Lattakia, Tartous and Daraa.[4]
See also
editReferences
edit- ^ Page Archived 2018-03-04 at the Wayback Machine
- ^ سوق دمشق للأوراق المالية. Archived 2017-07-30 at the Wayback Machine
- ^ الموقع الرسمي لبنك الشام. Archived 2016-03-23 at the Wayback Machine
- ^ المصرف المركزي السوري. Archived 6 August 2018 at the Wayback Machine
External links
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