CENTRAL BANK OF JORDAN

Central Bank of Jordan

Low Quality
Government Company
Moyaint

No.: 12/80
Date: 14/4/1447 AH
Corresponding to: 20/5/2026 AD

Dear Insurance Companies,

Subject: Amended Instructions on the Acquisition of Significant Interest in Insurance Companies

Greetings,

In implementation of the provisions of Article (26) of the Insurance Activities Regulation Law No. (12) of 2021 and based on the provisions of paragraph (b) of Article (109) of the Insurance Activities Regulation Law No. (12) of 2021; please find attached Instructions No. (5) of 2026, which are amended instructions on the acquisition of significant interest in insurance companies No. (9) of 2025, issued pursuant to the decision of the Board of Directors of the Central Bank No. (2026/91) dated 28/4/2026.

Please accept our highest respect,

Adel Al-Sharkas
Governor
Dr. Adel Al-Sharkas

Copy: Jordanian Union of Insurance Companies.

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Central Bank of Jordan
P.O. Box (37) Amman 11118, Jordan
Email: info@cbj.gov.jo
Website: www.cbj.gov.jo
Phone: 0096264630301
Fax: 0096264638889

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Instructions No. (5) of 2026 Amended Instructions on the Acquisition of Significant Interest in Insurance Companies No. (9) of 2025

Issued pursuant to the decision of the Board of Directors of the Central Bank No. (2026/91) dated 28/4/2026

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Instructions No. (5) of 2026 Amended Instructions on the "Significant Interest" in Insurance Companies No. (9) of 2025 Issued by the Board of Directors of the Central Bank in implementation of the provisions of Article (26) of the Insurance Activities Regulation Law No. (12) of 2021 and Article (109) of the same Law.

Article (1)

These Instructions shall be known as the "Amended Instructions on the Acquisition of Significant Interest in Insurance Companies No. (5) of 2026" and shall be read together with the Instructions No. (9) of 2025 referred to hereinafter as the "Original Instructions" and shall come into force as of the date 28/4/2026.

Article (2)

Paragraph (2) of Clause (a) of Article (2) of the Original Instructions is amended to read as follows:

Ultimate Beneficiary: The natural person who directly or indirectly owns or controls 5% or more of the capital of an insurance company.

Chairman of the Board of Directors of the Central Bank ---