Jordan Islamic Bank, together with its subsidiaries, provides financial, banking, and investment services in Jordan and internationally. The company offers current, salary current, demand, saving, call, term, notice, investment by proxy, and fund accounts; and house, car, and furniture financing services. It also provides Murabaha sale, installment sale, and musawama products; and investment services, such as craftsmen financing, Musharaka, and Mudaraba, as well as buys, sells, and rents real estate properties. In addition, the company offers cards, electronic, and remittance services; online and mobile banking, and SMS services; and education and brokerage services, as well as safe deposit boxes. It operates through a network of various branches and banking offices. The company was incorporated in 1978 and is headquartered in Amman, Jordan. Jordan Islamic Bank is a subsidiary of Al Baraka Banking Group B.S.C.
Metrics to compare | JOIB | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipJOIBPeersSector | |
---|---|---|---|---|
P/E Ratio | 12.5x | 9.1x | 8.8x | |
PEG Ratio | 1.64 | 0.07 | 0.03 | |
Price/Book | 1.5x | 0.7x | 1.0x | |
Price / LTM Sales | 4.3x | 2.0x | 2.8x | |
Upside (Analyst Target) | - | 3.0% | 11.5% | |
Fair Value Upside | Unlock | −4.3% | 3.2% | Unlock |