Jordan Securities Commission chairman Imad Abu Haltam linked the ASE performance index crossing 3000 points for the first time since 2008 to a government strategy to stimulate the economy and support the capital market through decisions aimed at deepening liquidity and attracting investment. He pointed to measures including reduced commissions for financial brokers, extending trading hours at the Amman Financial Market by one additional hour to facilitate participation by investors outside Jordan, and exempting mutual fund profits from income tax, which he said moved from a 20% tax rate to zero. Abu Haltam also highlighted a decision to grant citizenship under an investment framework tied to ASE investments, involving a specified capital amount distributed across multiple companies and sectors, with the investor retaining the invested capital. The ASE general index has risen by more than 500 points in 2025, alongside listed companies’ net profits increasing by more than 9% in the first half of the year and improving national economic indicators.
Jordan Securities Commission 2025-09-14
Jordan Securities Commission chair attributes ASE index break above 3000 to government measures to deepen liquidity and attract investment
Jordan Securities Commission chairman Imad Abu Haltam attributed the ASE performance index surpassing 3000 points for the first time since 2008 to government strategies enhancing liquidity and investment. Key measures include reduced broker commissions, extended trading hours, tax exemptions on mutual fund profits, and citizenship incentives linked to ASE investments.