The Palestinian Union for Small and Microfinance Institutions “Sharakah” held its regular General Assembly meeting on October 6, 2025, for the purpose of electing a new Board of Directors for the upcoming term. The meeting was attended by members of the Union's General Assembly, along with representatives from the Ministry of National Economy and the Palestine Monetary Authority. The elections were conducted in accordance with the Union’s bylaws.
The elections resulted in the formation of the new Board of Directors as follows:
- Mr. Anwar Al-Jayousi – Palestine for Credit and Development-FATEN– Chairman of the Board
- Mrs. Rasha Qawasmi – Asala for Credit & Development Company– Deputy Chairman
- Mr. Husam Mahmoud –REEF Microfinance– Treasurer
- Mr. Jamal Odeh – Al-Zaytoona for Islamic Financing– Secretary
- Mr. Ali Fraoun – Palestinian Banking Corporation– Board Member
- Mr. Samir Barghouthi –ACAD Finance – Board Member
- Mr. Amer Hidmi –Vitas Palestine – Board Member
- Mr. Saddam Odeh –Ibda’a Palestine – Board Member
- Mr. The Microfinance Department /UNRWA- Associate Member
The Union reaffirms the vital role played by small and microfinance institutions in enhancing financial inclusion, empowering marginalized groups, and contributing effectively to the advancement of economic and social development in Palestine.
Sharakah also extends its sincere appreciation and gratitude to the outgoing Board of Directors for their dedicated efforts during their term, and wishes the newly elected board continued success in serving the sector and advancing the public interest.
