RAMALLAH, October 21, 2025 (WAFA) – The Palestine Investment Fund (PIF) announced the successful completion of the largest bond issuance in Palestine's history, valued at $150 million over a five-year term. The issuance involved a group of local and regional banks operating in the Palestinian market.
The fund described the issuance as a strategic milestone in strengthening its financial position and diversifying funding sources for its developmental and strategic projects. The move aligns with PIF's three-year strategy, which focuses on investment in vital sectors supporting sustainable economic growth, including industrial infrastructure, energy, technology, healthcare, trade, agriculture, and the promotion of national products through strategic industries.
Seven banks participated in the subscription, according to the fund's statement: Bank of Palestine, Arab Bank, Housing Bank for Trade and Finance, Cairo Amman Bank, Bank of Jerusalem, Palestine Investment Bank, and the Jordan Kuwait Bank.
The issuance was executed through Ithmar Invest, which acted as financial advisor and issuance manager, while Aziz, Fouad & Raja Shihadeh Law Office served as the fund's legal advisor, in coordination with the Palestinian Capital Market Authority at all stages. Arab Bank – Palestine was appointed as trustee, paying agent, and registrar for the issuance.
The subscription was fully covered, reflecting strong confidence in the fund from both the Palestinian and regional banking sectors, underscoring the fund's financial strength, management efficiency, and the sustainability of its investments.
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