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A delegation from University of Jordan visits the Amman Stock Exchange

Asr

On Wednesday 07/12/2022, The Amman Stock Exchange (ASE) received a delegation from the Accounting Department / Faculty of Business at the University of Jordan, as part of a scientific visit to the ASE. The CEO of the ASE, Mr. Mazen Wathaifi, welcomed the delegation, pointing out that the ASE seeks to strengthen its partnership with universities, enhance awareness, knowledge and culture in everything related to the national capital market, and link the theoretical side with the practical side.

Dr. Malak Al-Jazazi from the Communication and Media Department at the ASE presented an explanation of the nature of the stock exchange's work, in addition to the most important recent developments witnessed by the market and the stock exchange's future projects.

Ms. Haneen Mubarak, Head of the Listing Section from the Listing Department, and Ms. Nagham Malahmeh, Head of the Indicators and Statistics Section from the Planning and Institutional Development Department, also gave an explanation of the mechanism of electronic disclosure using XBRL, which was recently applied at the ASE and the Jordan Securities Commission (JSC), which is an electronic platform for companies to present their financial and non-financial disclosures in Arabic and English, publish them to the public and exchange them electronically.

They also gave a presentation on the most important features of the system, the sequence of the disclosure process, and the most important reports extracted from it.

At the end of the meeting, the discussion was opened and students' questions and inquiries were answered regarding the ASE's work mechanism and the electronic disclosure system.

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