Our values provide a holistic framework for all our work including its philanthropic aspects. Our investment program is built around guiding principles and aim to have a positive transformational impact on the local economy.
PIF was launched with the aim of becoming a pioneering Palestinian financial institution. PIF has the competencies, resources and capability to lead the attempts of rebuilding the Palestinian economy on sustainable basis, reducing the need for external aid, grants and assistance. PIF investment initiatives, projects and programs are locally led and supervised. Moreover, PIF has the intellectual capital that makes it the first port of call for foreign investors and stakeholders in Palestine. PIF also aims to increase FDI into Palestine through partnering with regional and international institutions in order to change the image of the local economy from recipient of aid to a dynamic regional and international force, showcasing the ability of local firms to lead and drive best in class projects.
PIF prides itself on innovation and creativity, whether launching projects in green-field sectors as first in kind, or in size, complexity and the overcoming of difficulties through creative solutions; PIF is committed to maintaining its pioneering and innovative spirit.
Transparency and Accountability
PIF ensures that transparency and accountability, which are mutually reinforcing principles are enshrined in every stage of its work whether internally or externally; through compliance and monitoring mechanisms by relevant authorities and regulators.
Furthermore, PIF is committed to transparency as a basic standard in the internal decision making process as well as in publishing annual reports, activity updates, outreach programs including newsletters, and web updates. PIF’s strongly held belief is that it must be subjected to stringent internal and external monitoring to ensure both international and local credibility, as well as consistent high performance.
PIF’s credibility is highlighted by the developing of key strategic sectors, which are experiencing a considerable deficit in investment, activity or dynamism. PIF’s approach is characterized by 360 degree responsibility; to its ultimate shareholder - the people of Palestine, its partners, and employees, with an aim to have a transformational positive impact through sustainable and environmentally friendly development. Moreover, PIF aims to create new job opportunities and help in the development of a new cadre of professionals.
Commitment to Palestine
PIF’s ultimate guiding value is its commitment to Palestine. PIF works towards the establishment of a dynamic and viable nation-state with a strong and sustainable economy. Our commitment to Palestine is represented in a direct investment approach through launching strategic and pioneering investment programs, with the aim to develop the economy, strengthen the community, and provide new job opportunities for citizenry.
Good governance is a guiding principal in sustainable development. PIF’s constitution includes regulations and by laws which are considered to be a reference point for the decision making process and assist in designing future strategy and policy. PIF follows stringent governance guidelines in order to stress transparency and accomplish best in class performance.