Student Delegation from the Islamic Banking Department from the University of Jordan visits Jordan Capital Market Institutions
The Jordan capital market institutions, represented by Jordan Securities Commission, Amman Stock Exchange, and Securities Depository Center, received a student delegation from the Islamic Banking Department from the University of Jordan on 26/12/2016 to had general view about the most prominent implementation and developments have achieved by the Jordan capital market and to touch the spirt of practical application for the procedures related to securities.
The SDC took a part in reception of the student delegation. Mr. Ahmad Al-Daoud, Head of Operations Department, presented back ground history about Jordan capital market, and comprehensive view about SDC establishment, goals, obsessive tasks “safekeeping, depositing, transferring of securities. Delivery versus Payment was explained as fundamental international principle embodied in clearing and settlement tasks, hereby delivery of sold securities is against payment of funds.
An open fruitful discussion related to all aspects of the Jordan capital market and its institutions functions where the last stage of the delegation visit.