The Islamic International Arab Bank commenced its banking operations in accordance with Islamic Sharia rules on the twelfth day of Shawal 1418 AH, corresponding to 9 February 1998, to meet the growing demand for Islamic banking services and products. The Islamic International Arab Bank was established in the Hashemite Kingdom of Jordan as a public shareholding company in accordance with the companies Law of 1989 and the company was registered in the Register of Public Shareholding companies under No. 327 on 30 March 1997.