
Safa Bank held its Ordinary General Assembly Meeting for the year 2025 on Sunday, 17 May 2026, at its headquarters in Ramallah, with a quorum attendance of (65.733%) in person. The meeting was attended by the Chairman of Safa Bank, Mr. Yazid Adnan Al Mufti, the Vice Chairman, Mr. Khaled Al Oseili, and the representative of the Sharia Supervisory Board, Dr. Ayman Al Badarin, via Zoom, alongside several Board members, the General Manager Mr. Bayan Qasim, and members of the executive management. Attendees also included the Company Registrar representative Ms. Liana Al Atrash, the Palestine Monetary Authority representative Mr. Ahmed Marar, the Palestine Capital Market Authority representative Mr. Murad Al Jadba, the Palestine Exchange representative Mr. Ahmed Safi, the external auditor representative Mr. Saed Abdullah, the external legal advisor Mr. Mohannad Assaf, in addition to the Bank’s shareholders.
The meeting opened with remarks from the Chairman of the Board, who welcomed the shareholders and participants. He presented an overview of the Bank’s performance and key achievements for the fiscal year ending 31 December 2025, highlighting the ongoing implementation of operational and strategic plans aimed at improving efficiency and service quality.
Mr. Al Mufti stated that Safa Bank continued advancing its banking services throughout the year, with a focus on enhancing digital solutions and expanding electronic services to better meet customer needs, in line with Islamic Sharia principles.
Regarding financial performance, he noted that the Bank maintained a stable financial position while further improving resource management efficiency and strengthening asset quality, in addition to adhering to regulatory requirements and the instructions of the Palestine Monetary Authority, reflecting the Bank’s solid overall performance.
On governance matters, the Chairman emphasized the Bank’s continued commitment to strong corporate governance practices through regular evaluation of the Board of Directors and its committees, reinforcing transparency, compliance, and effective oversight, as well as full compliance with the decisions of the Sharia Supervisory Board.
The agenda of the Ordinary General Assembly included the discussion and approval of several items, including the Board of Directors’ report for 2025, the report of the Sharia Supervisory Board, and the external auditor’s report. The financial statements for the year ended 31 December 2025 were approved, the Chairman and members of the Board were discharged for the fiscal year ending 31/12/2025, and the external auditor for 2026 was appointed, with the Board authorized to determine his fees.
In conclusion, the Chairman affirmed that Safa Bank will continue to strengthen its position in the Islamic banking sector through the development of its services and products and the enhancement of customer experience, supporting sustainable growth.