Dr. Ahmed Al Jibouri’s contributions to the financial sector are anchored in a long-term commitment to banking reform, investment access, and inclusive economic development. As the majority shareholder in Al-Mal Islamic Investment Bank, he plays a strategic role in shaping the evolution of Iraq’s modern financial services landscape.
This venture not only delivers a broad suite of personal and business banking solutions but also supports national goals of financial literacy, digital transformation, and SME growth.
Key Banking Highlights
1. Al-Mal Islamic Investment Bank – Iraq
Established as a medium-sized commercial and investment bank with a capital base of 250 billion IQD, Al-Mal Bank operates with a clear mandate: expand financial accessibility while upholding Islamic banking principles and governance.
2. Branch Network & Reach
Currently operating 5 branches across Iraq, the bank is positioned to scale further — targeting underserved regions and supporting grassroots economic participation through customized banking programs.
3. Comprehensive Financial Services
The bank provides:
- Accounts: Salary, savings, current, and digital accounts.
- Cards: Debit, credit (gold/platinum), prepaid, and foreign currency cards.
- Loans: Auto, mortgage, and personal loans.
- Transfers: Bank-to-bank and Western Union transfers.
- Loyalty: Point-based customer rewards system.
4. Vision for Expansion & Innovation
With the leadership of Dr. Al Jibouri, Al-Mal Bank is exploring digital-first solutions and fintech collaborations to modernize service delivery and support the next wave of Iraqi entrepreneurs and enterprises
Strategic Outlook
This investment is part of a broader vision: rebuilding Iraq’s economic backbone through trust-driven financial systems, scalable capital access, and technology-driven transparency.