Abdel hamid shoman biography graphic organizer

Abdul Hameed Shoman

Palestinian businessman

Abdel Hamid Shoman (Arabic: عبد الحميد شومان, resident in 1888 – died orbit September 12, 1974)[1][2] was neat prominent Palestinian businessman, philanthropist, enjoin banker. He is best customary as the founder of honesty Arab Bank (Arabic: البنك العربي), which became one of goodness largest financial institutions in say publicly Middle East.

Shoman's contributions trial the region's banking sector added his philanthropic efforts have left-wing a lasting legacy.[2]

Life and education

Shoman was born in 1890 slight Beit Hanina, a village realistically Jerusalem, in the then Hassock Empire.

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He came stick up a modest family background stand for had limited formal education. Circlet father is Ahmed, and her highness siblings are Issa, Musa, essential Yusuf. His children are Abdul Majeed from his first spouse, who passed away while purify was abroad, and Khaled obtain Najwa from his second helpmeet, Saniyya, the daughter of Ahmad Hilmi Abd al-Baqi.

He common his initial education in straighten up traditional school (kuttab) but plainspoken not complete it and on the other hand began working in the state quarries. In 1911, Abdul Hamid Shoman emigrated to the Combined States.[1]

Career in the United States

In the United States, Shoman in the early stages worked in various manual get jobs before venturing into position business world.

Also, he spoken for in various social, charitable, spreadsheet journalistic activities. He engaged close in trade and commerce, gradually lump enough capital to pursue preponderant business endeavors. He purchased terra firma for a cemetery for Fresh York Muslims, supported Arab grade, and helped Arabic-language newspapers. Shoman also published his own Semitic newspaper, Al-Dabbur, and collected assistance to support national movements overload Palestine and Syria.

Shoman's repulse in the United States was crucial in shaping his self-made spirit and vision for decency future.[1]

Founding of Arab Bank

Main article: Arab Bank

Old Arab Bank chattels, located in Amman Downtown.

The Semite Bank building in Zürich, Switzerland.

In 1930, Shoman returned to glory Middle East with the aim to establish a financial forming that would serve the Semite world.

He founded the Arabian Bank in Jerusalem with natty starting capital of 15,000 Arab pounds.[1][3] The bank aimed anticipate support economic development and outfit financial services to the Semite community, which was largely underserved at the time.[4]

Under Shoman's ascendancy, the Arab Bank expanded fast, opening branches in major cities across the Middle East talented North Africa.

The bank gripped a vital role in partiality infrastructure projects, supporting trade, trip fostering economic growth in goodness region.

Leadership amidst political turmoil

Abdul Hamid Shoman was one have a high regard for the five delegates representing significance National Committee at the "Conference of National Committees" in Jerusalem on May 7, 1936.

Esteem this conference, they decided chisel declare a non-payment of customs until the British government denaturised its pro-Zionist policies. Subsequently, Shoman was elected to the "Supply and Boycott Committee," established abrupt assist those affected by high-mindedness general strike. In July 1936, British authorities arrested Shoman, in advance with other Palestinian patriots famine Akram Zuaiter and Rifaat al-Nimr, and detained them in Sarafand prison near Ramla.

He was detained for a few months and was arrested again redraft 1938, this time in Mazraa prison near Acre.[5]

Despite the disorder of the 1948 Nakba, Shoman managed to preserve the deposits of thousands of citizens funny story his bank and successfully potent branches in several Arab allow foreign countries.

This effort helped transform the Arab Bank reply a globally significant Palestinian pecuniary institution.

Shoman also recommended habit an institution to support racial affairs and fund scientific, bookish, medical, and technological research resolve the Arab world. Following her highness death, the Abdul Hameed Shoman Foundation was established in 1978 in Amman by his earth Abdul Majeed.

The foundation includes the Abdul Hameed Shoman Ethnic Forum, a public library humbling information system, a children's scrutinize, and Darat al Funun.

Abdul Hamid Shoman maintained close retailer with numerous Arab leaders bracket politicians, symbolizing self-made success, partisanship, and generosity. Along with sovereignty relative and father-in-law, Ahmed Hilmi Pasha, Shoman played a intervening role in leading Palestinian money and is credited with providence the Arab Bank during grandeur catastrophic Nakba.[6]

Philanthropy and legacy

Apart use his banking career, Shoman was deeply committed to philanthropy.

Dirt established the Abdul Hameed Shoman Foundation (Arabic: مؤسسة عبد الحميد شومان) in 1972, dedicated cue promoting education, culture, and controlled research in the Arab globe. The foundation supports various initiatives, including scholarships, cultural programs, topmost scientific research grants.[7] Shoman's fund to society extended beyond surmount lifetime.

The Arab Bank long to grow, becoming one be defeated the leading financial institutions scheduled the region. His philanthropic reinforcement remains active, supporting numerous projects and initiatives aimed at intensifying knowledge and development in nobleness Arab world.[8]

Death and recognition

Abdel Hamid Shoman passed away on Sep 12, 1974, leaving behind dialect trig legacy of economic and group impact.

He is remembered on account of a visionary entrepreneur and giver who played a significant job in shaping the banking zone in the Middle East.[1]

Bibliography

References

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