08 - Jan - 2023

JCIF Website

ITMAM has signed a new agreement with Jordan, the Jordan Capital and Investment Fund (JCIF) and as the largest private sector investment fund in Jordan with a combined capital commitment of JD 275 million (US$388 million) to design and develop their new website.
As the largest private sector investment fund in Jordan, the Jordan Capital and Investment Fund (JCIF) invests in promising companies that have opportunities for growth, development, and expansion, by providing fresh capital and funding to help increase employment and promote economic growth across the Kingdom of Jordan. JCIF targets investments in dynamic and promising sectors, notably in the fields of food and health security, consumer staples manufacturing, and information technology. JCIF has a combined capital commitment of JD 275 million (US$388 million) via two investment vehicles owned by 17 Jordanian commercial and Islamic banks. The vehicle owned by the commercial banks is called the Jordan Capital & Investment Fund Company and the vehicle owned by the Islamic banks is called the Jordan Islamic Capital & Investment Fund Company. Both funds are managed by the Jordan Capital and Investment Fund Management Company.