Palestine Private Limited Company (Ijara) was established in Ramallah with an authorized capital of US $ 12,000,000. During the year 2013, the Bank paid US $ 1,000,000 representing 25% of its shareholding in the company's subscribed capital. During 2015, the Bank paid US $ 1,000,000 representing 25% of its shareholding in the Company's subscribed capital. During the year 2016 tha Bank paid US $ 2,000,000 representing 50% of its contribution to the company's subscribed capital. As of December 31, 2016, the paid-up share capital of Ijara was $ 12,000,000. The company is engaged in Islamic leasing business for small and medium enterprises in accordance with Islamic Sharia

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