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Al Janoob Islamic Bank for Investment and Financing Building 73, Street 14, Dist 609, Al Watheq Square, Karrada , Baghdad, Iraq.
Al Janoob Islamic Bank
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Al Janoob Islamic Bank for Investment and Financing - Iraq, was established on 2nd February 2016 by businessmen and investors in various fields, the most important of which are the agricultural sector, food industries, financial investments along with other industrial business. Al Janoob Islamic Bank paid-up capital is currently IQD 510 billion.
Al Janoob Islamic Bank for Investment and Financing offers a range of products and services that meets market requirements of both corporate and individual sectors. Al Janoob Islamic Bank is progressively establishing its position in various fields of business within the banking sector.
The bank takes a leading role by introducing Islamic Sharia compliant products that supports its position in entrepreneurship. Besides the bank has launched a package of electronic services and new channels to enhance electronic payment systems and drive digital transformation. These initiatives align with the central bank of Iraq's focus on electronic technologies.
Al Janoob Islamic Bank currently operates 13 branches with an ambitious plan to expand in key governorates across Iraq, ensuring the provision of our services to our intended clients’ base. The bank also operates an ATM network consisting of 39 ATMs, strategically located within branches and at various other prime locations.
The bank has received recognition and awards for its performance. In the first quarter of 2023, the bank received an assessment from the Islamic International Rating Agency (IIRA) strategic and core partner for Islamic finance worldwide that is accredited as an independent credit assessment institution by central banks of various Islamic countries.
This rating positions Al Janoob Islamic Bank as one of the best banks operating in Iraq by receiving an A- rating, in addition to B rating at the international level which further highlighting its commitment to excellence.
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South Bank's participation in the Jordanian-Iraqi Business and Finance Forum
Jordanian-Iraqi Business and Finance Forum
Al Janoob Islamic Bank delivers MasterCard Cards to employees of Ministery of Defense