The Foundation
Establishment
Asala Company for Credit and Development (Company) was founded in 2014 in compliance with the new banks law of Palestine, which also covers lending institutions. The law and the procedures of the Palestine Monetary Authority require that lending programs be provided by private joint stock company registered with the Ministry of National Economy and authorized by the Palestine Monetary Authority. Asala Company for Credit and Development was registered on November 4, 2014; registration number is 562528471. Authorization for Asala Company for Credit and Development was received on October 28, 2014 from the Palestine Monetary Authority.
Our Message
ASALA company for Credit and Development is a Palestinian development company that works on supporting and empowering women and youth through providing financial services appropriate for them to create and develop productive projects as well as creating permanent job opportunities in order to achieve sustainable development and fight poverty in Palestine.
Investors


Board Members
Belal Abu Hijleh
Finance Manager
for National Beverage
Company since 2007.
Ashraf Ibrahim
Chief Financial Officer for Palestine Investment Fund since mid of 2021.
Irena Kawwas
Marketing Director for Unipal General Trading Company since 2016
Dima Qassis
Busineesswoman
Michael Hajal
Chief Investment Officer for Palestine Investment Fund since 2020
Team
Our Team With Skills
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John Doe
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Sharon Brinson
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Felix Mercer
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What Customers Say
“Success can come at the age of sixty as well.”
“I’ve always dreamt of owning a candy factory, and thanks to ASALA, my dream is now reality.”
“The most important reason behind my project’s success… is rejecting what I was surrounded with.”