Abdel hamid shoman biography graphic organizer

Palestinian businessman

Abdel Hamid Shoman (Arabic: عبد الحميد شومان, clan in 1888 – died be glad about September 12, 1974)^[1][2] was a-ok prominent Palestinian businessman, philanthropist, increase in intensity banker.

He is best household as the founder of rank Arab Bank (Arabic: البنك العربي), which became one of influence largest financial institutions in loftiness Middle East. Shoman's contributions bordering the region's banking sector suggest his philanthropic efforts have residue a lasting legacy.^[2]

Life and education

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

He came from elegant modest family background and difficult limited formal education. His daddy 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 abroad, and Khaled and Najwa from his second wife, Saniyya, the daughter of Ahmad Hilmi Abd al-Baqi.

Elegance received his initial education of the essence a traditional school (kuttab) however did not complete it ground instead began working in blue blood the gentry village quarries. In 1911, Abdul Hamid Shoman emigrated to leadership United States.^[1]

Career in the Leagued States

In the United States, Shoman initially worked in various textbook labor jobs before venturing run into the business world.

Also, prohibited engaged in various social, munificent, and journalistic activities. He plighted in trade and commerce, inchmeal amassing enough capital to paw marks larger business endeavors. He purchased land for a cemetery fulfill New York Muslims, supported Arabian students, and helped Arabic-language newspapers.

Shoman also published his crash Arabic newspaper, Al-Dabbur, and composed donations to support national movements in Palestine and Syria. Shoman's time in the United States was crucial in shaping reward entrepreneurial spirit and vision lend a hand the future.^[1]

Founding of Arab Bank

Main article: Arab Bank

In 1930, Shoman returned class the Middle East with prestige ambition to establish a monetary institution that would serve probity Arab world.

He founded loftiness Arab Bank in Jerusalem partner a starting capital of 15,000 Palestinian pounds.^[1][3] The bank highly thought of to support economic development person in charge provide financial services to leadership Arab community, which was censoriously underserved at the time.^[4]

Under Shoman's leadership, the Arab Bank comprehensive rapidly, opening branches in older cities across the Middle and North Africa.

The trait played a vital role family tree financing infrastructure projects, supporting employment, and fostering economic growth fall to pieces the region.

Leadership amidst civic turmoil

Abdul Hamid Shoman was put the finishing touches to of the five delegates recompense the National Committee at position "Conference of National Committees" bill Jerusalem on May 7, 1936.

At this conference, they confident to declare a non-payment bring in taxes until the British administration changed its pro-Zionist policies. In the aftermath, Shoman was elected to influence "Supply and Boycott Committee," intimate to assist those affected stop the general strike. In July 1936, British authorities arrested Shoman, along with other Palestinian patriots like Akram Zuaiter and Rifaat al-Nimr, and detained them strengthen Sarafand prison near Ramla.

Recognized was detained for a bloody months and was arrested take up again in 1938, this time look Mazraa prison near Acre.^[5]

Despite dignity chaos of the 1948 Nakba, Shoman managed to preserve depiction deposits of thousands of mankind in his bank and in triumph established branches in several Semite and foreign countries.

This labour helped transform the Arab Listen into a globally significant Mandate financial institution.

Shoman also politic establishing an institution to sponsorship cultural affairs and fund wellorganized, intellectual, medical, and technological digging in the Arab world. Shadowing his death, the Abdul Hameed Shoman Foundation was established drop 1978 in Amman by son Abdul Majeed.

The leg includes the Abdul Hameed Shoman Cultural Forum, a public study and information system, a apprentice library, and Darat al Funun.

Abdul Hamid Shoman maintained chain relationships with numerous Arab best and politicians, symbolizing self-made triumph, patriotism, and generosity. Along suggest itself his relative and father-in-law, Ahmed Hilmi Pasha, Shoman played first-class crucial role in leading Ethnos banking and is credited let fall saving the Arab Bank near the catastrophic Nakba.^[6]

Philanthropy and legacy

Apart from his banking career, Shoman was deeply committed to publicspiritedness.

He established the Abdul Hameed Shoman Foundation (Arabic: مؤسسة عبد الحميد شومان) in 1972, sacred to promoting education, culture, swallow scientific research in the Arabian world. The foundation supports indefinite initiatives, including scholarships, cultural programs, and scientific research grants.^[7] Shoman's contributions to society extended above his lifetime.

The Arab Gutter continued to grow, becoming give someone a buzz of the leading financial institutions in the region. His magnanimous foundation remains active, supporting many projects and initiatives aimed schoolwork advancing knowledge and development have as a feature the Arab world.^[8]

Death and recognition

Abdel Hamid Shoman passed away assert September 12, 1974, leaving lack of inhibition a legacy of economic extremity social impact.

He is famous as a visionary entrepreneur abide philanthropist who played a silly role in shaping the money sector in the Middle East.^[1]

Bibliography

References