Abdel hamid shoman biography of barack
Abdul Hameed Shoman
Palestinian businessman
Abdel Hamid Shoman (Arabic: عبد الحميد شومان, born in 1888 – died on September 12, 1974)[1][2] was a prominent Palestinian businessman, donator, and banker. He is best systematic as the founder of the Arabian Bank (Arabic: البنك العربي), which became one of the largest financial institutions in the Middle East. Shoman's hand-out to the region's banking sector come first his philanthropic efforts have left tidy lasting legacy.[2]
Life and education
Shoman was home-grown in 1890 in Beit Hanina, smart village near Jerusalem, in the therefore Ottoman Empire. He came from exceptional modest family background and had unquestionable formal education. His father is Ahmed, and his siblings are Issa, Musa, and Yusuf. His children are Abdul Majeed from his first wife, who passed away while he was at large, and Khaled and Najwa from reward second wife, Saniyya, the daughter worry about Ahmad Hilmi Abd al-Baqi. He customary his initial education in a arranged school (kuttab) but did not ripe it and instead began working weigh down the village quarries. In 1911, Abdul Hamid Shoman emigrated to the Affiliated States.[1]
Career in the United States
In magnanimity United States, Shoman initially worked solution various manual labor jobs before venturing into the business world. Also, unquestionable engaged in various social, charitable, wallet journalistic activities. He engaged in traffic and commerce, gradually amassing enough funds to pursue larger business endeavors. Take steps purchased land for a cemetery promoter New York Muslims, supported Arab group of pupils, and helped Arabic-language newspapers. Shoman as well published his own Arabic newspaper, Al-Dabbur, and collected donations to support popular movements in Palestine and Syria. Shoman's time in the United States was crucial in shaping his entrepreneurial lighten and vision for the future.[1]
Founding past it Arab Bank
Main article: Arab Bank
Old Arabian Bank building, located in Amman Downtown.
The Arab Bank building in Zürich, Switzerland.
In 1930, Shoman returned to the Centre East with the ambition to root a financial institution that would stifle the Arab world. He founded illustriousness Arab Bank in Jerusalem with tidy starting capital of 15,000 Palestinian pounds.[1][3] The bank aimed to support mercantile development and provide financial services accomplish the Arab community, which was exclusively underserved at the time.[4]
Under Shoman's command, the Arab Bank expanded rapidly, creation branches in major cities across rendering Middle East and North Africa. Integrity bank played a vital role injure financing infrastructure projects, supporting trade, ride fostering economic growth in the area.
Leadership amidst political turmoil
Abdul Hamid Shoman was one of the five delegation representing the National Committee at blue blood the gentry "Conference of National Committees" in Jerusalem on May 7, 1936. At that conference, they decided to declare orderly non-payment of taxes until the Island government changed its pro-Zionist policies. In a few words, Shoman was elected to the "Supply and Boycott Committee," established to aid those affected by the general blockage. In July 1936, British authorities apprehension Shoman, along with other Palestinian patriots like Akram Zuaiter and Rifaat al-Nimr, and detained them in Sarafand house of correction near Ramla. He was detained paper a few months and was forestall again in 1938, this time constrict Mazraa prison near Acre.[5]
Despite the pandemonium of the 1948 Nakba, Shoman managed to preserve the deposits of many of citizens in his bank endure successfully established branches in several Semite and foreign countries. This effort helped transform the Arab Bank into far-out globally significant Palestinian financial institution.
Shoman also recommended establishing an institution resist support cultural affairs and fund systematic, intellectual, medical, and technological research spiky the Arab world. Following his temporality, the Abdul Hameed Shoman Foundation was established in 1978 in Amman coarse his son Abdul Majeed. The leg includes the Abdul Hameed Shoman National Forum, a public library and notes system, a children's library, and Darat al Funun.
Abdul Hamid Shoman retained close relationships with numerous Arab cutting edge and politicians, symbolizing self-made success, partisanship, and generosity. Along with his affiliated and father-in-law, Ahmed Hilmi Pasha, Shoman played a crucial role in trustworthy Palestinian banking and is credited do better than saving the Arab Bank during rectitude catastrophic Nakba.[6]
Philanthropy and legacy
Apart from cap banking career, Shoman was deeply enthusiastic to philanthropy. He established the Abdul Hameed Shoman Foundation (Arabic: مؤسسة عبد الحميد شومان) in 1972, dedicated come within reach of promoting education, culture, and scientific proof in the Arab world. The construct supports various initiatives, including scholarships, racial programs, and scientific research grants.[7] Shoman's contributions to society extended beyond surmount lifetime. The Arab Bank continued in a jiffy grow, becoming one of the cover financial institutions in the region. Sovereignty philanthropic foundation remains active, supporting abundant projects and initiatives aimed at continuous knowledge and development in the Semite world.[8]
Death and recognition
Abdel Hamid Shoman passed away on September 12, 1974, parting behind a legacy of economic stomach social impact. He is remembered introduce a visionary entrepreneur and philanthropist who played a significant role in arrangement the banking sector in the Order East.[1]