2026-02-09

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Circular No. 28-3-3013: Corporate Governance Requirements for Specialized Finance Companies

The Central Bank of Jordan requires specialized finance companies to submit signed declarations from newly appointed board members and senior executives within two working days of appointment, along with identity proof and CVs. Companies must also provide annual updates on the composition of the board, senior management, and Sharia Supervisory Board by January 15, and report any changes within two working days using specified forms. These requirements apply to all members appointed since the license issuance date and current members.

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Topics
governance
islamic-finance
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