Palestine Islamic Bank Signs Partnership Agreement with Ramallah Municipality

Palestine Islamic Bank signed a partnership agreement with Ramallah Municipality to contribute to supporting a number of events and programs that the municipality will implement during 2026, in partnership with several other private sector institutions.

The agreement was signed at the municipality’s headquarters in the city of Ramallah in the presence of PIB’s General Manager, Dr. Imad Al-Sadi, Ramallah Mayor Mr. Issa Kassis, and representatives of other partner entities.

Dr. Al-Sadi stated that this agreement comes as part of PIB’s sustainable corporate social responsibility program, through which the Bank will contribute to supporting a number of events and programs to be implemented by the municipality. These initiatives will include cultural, awareness, environmental, social, and sports activities, all aimed at improving the quality of life for Ramallah's residents and promoting sustainable development.

Dr. Al-Sadi added: “Through our corporate social responsibility program, we are keen to ensure that our contributions are impactful and sustainable, and that they are implemented within the framework of genuine partnerships with leading institutions. We are proud of the projects and achievements implemented by Ramallah Municipality to develop the city despite all the circumstances and challenges we face in Palestine.”

For his part, Mayor Issa Kassis affirmed in his remarks during the ceremony that these partnerships reflect the municipality’s deep belief that sustainable development is a shared responsibility built on the complementarity of roles between the municipality, the private sector, and the local community. He said: “Our vision at Ramallah Municipality is for the city to remain optimistic, sustainable, and proud of its culture and identity, and this can only be achieved through genuine and effective partnerships.”

Mr. Kassis added that the municipality values the role of every partner company and institution that has made social responsibility an integral part of its mission by allocating part of its profits to support sustainable development programs. He noted that the alignment of the two parties represents a practical model of cooperation between the public and private sectors and strengthens a partnership built on trust and shared commitment toward the community.

PIB’s sustainable corporate social responsibility policy emphasizes the importance of the Bank’s active contribution to serving the community through building genuine partnerships that help advance development and progress.