Safwa Islamic Bank Experiences Notable Shift in Stock Price on Amman Stock Exchange

Strategic Insights -

On July 28, 2025, Safwa Islamic Bank, listed under the symbol SIBK on the Amman Stock Exchange, saw its stock price fluctuate throughout the trading session. Starting at JD 2.31, the bank's stock reached a high of JD 2.33 and a low of JD 2.28, ultimately closing at JD 2.30, reflecting a significant move from its previous closing price of JD 2.32. The trading session was marked by moderate investor activity, with 23,870 shares being traded across 46 transactions.

Key Takeaways:

  • Safwa Islamic Bank's stock price fluctuated between JD 2.28 and JD 2.33 on July 28, 2025, reflecting a notable shift from its previous closing price of JD 2.32.
  • The trading session opened at JD 2.31, with the average price settling at JD 2.31, and a total value traded of JD 55,240.
  • The bank's price-to-earnings (P/E) ratio is recorded at 17, indicating a relatively high valuation.
  • Safwa Islamic Bank's market category is designated as category 1, emphasizing its prominence in the banking sector on the Amman Stock Exchange.
  • The bank's stock has traded between JD 1.85 and JD 3 over the past 12 months, reflecting volatility in its price.
  • The best bid price was JD 2.29 for 500 shares, while the best ask price stood at JD 2.30, indicating a steady demand for the stock.
  • The trading session was characterized by moderate investor activity, with 23,870 shares being traded across 46 transactions.

Statistics:

  • Trading volume: 23,870 shares
  • Number of transactions: 46
  • Total value traded: JD 55,240
  • Average price: JD 2.31
  • High price: JD 2.33
  • Low price: JD 2.28
  • Closing price: JD 2.30
  • Price-to-earnings (P/E) ratio: 17
  • Market category: Category 1

Sources:

  • Amman Stock Exchange (28 Jul 2025)
  • Safwa Islamic Bank's trading bulletin (record of July 28, 2025)
  • Amman Stock Exchange's price listing bulletin (record of July 28, 2025)