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Hajj Fund recorded JD3.85 million in profit in 2017

By JT - Jan 22,2018 - Last updated at Jan 22,2018

AMMAN — The Hajj Fund in 2017 achieved a total profit of JD3.85 million, Awqaf Minister Wael Arabiyat announced on Sunday.

Arabiyat, who is also the chairman of the fund council, said that the net profit, after deducting the fund expenses, stood at some JD3.258 million, the Jordan News Agency, Petra, reported.

He noted that the amount to be distributed to shareholders reached JD2.933 million, with a profit rate of 3.968 per cent. Arabiyat added that the number of depositors at the fund increased from 23,287 in 2016 to 28,718 in 2017. 

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